The Russians first borrowed more money in the MFI than on credit cards

RBC - 23:00
In March, the volume of issued microloans exceeded the amount of the limit on new credit cards, follows from the data “Scoring Bureau”. MFIs were less sensitive to hard measures of the Central Bank than banks, and borrowers stopped being afraid of expensive loans
In March, the volume of issued microloans exceeded the amount of the limit on new credit cards, follows from the data “Scoring Bureau”. MFIs were less sensitive to hard measures of the Central Bank than banks, and borrowers stopped being afraid of expensive loans
Photo: Sergey Lantyukhov / News.ru / Global Look Press

In March 2025, the issuance of microloans in Russia for the first time during all the time of observations exceeded the proposal of credit cards, follows from the statistics of Skering Bureau.

Over the reporting month, microfinance organizations (MFIs) were provided to customers of loans for 112.1 billion rubles, noted in one of the reviews of the BCI. And on new credit cards opened in March, the amount of the limit amounted to 108.1 billion rubles, the Skering Bureau said in response to a request from RBC. Prior to this, from at least 2020, the volume of extruders of microloans in Russia was significantly inferior to credit cards sales. The rapprochement of the indicators was observed only at the peak of crises of 2020 and 2022, but the MFIs had never previously overtook the banking segment of credit cards in terms of sales.

RBK. Group

Compared to February, the proposal of loans in the MFIs segment increased by 13.8%, while the issuance of credit cards decreased by 2.9%. I...
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