The highest share of overdue credit debt in Russia as of March of this year was recorded among residents of Ingushetia (almost 21% of the total volume of loans). A high share of overdue debt was also found in Chechnya (9.4%), Dagestan (8.9%), North Ossetia (8.7%), Karachay-Cherkessia (7.7%) and Kabardino-Balkaria (6.2%). These regions took the last places in the RIA Novosti rating, compiled on the basis of official statistics.
The leaders of the rating were Sevastopol and Crimea. Only 1.7% and 2.2% of residents there, respectively, do not pay their loans on time. They are followed by St. Petersburg (2.7%), the Sakha Republic (Yakutia) (2.8%) and the Yamalo-Nenets Autonomous Okrug (2.9%). The top ten countries with the lowest share of overdue loans also included the Nenets Autonomous Okrug (2.9%), Chuvashia (3.03%), Tatarstan (3.05%), Moscow (3.1%) and Chukotka (3.15%).
Experts expect retail lending growth rates to be low in 2025 due to high interest rates in the economy, while the number of overdue loans will continue to grow.
