Cbanker: Consumer lending growth may threaten financial stability
RECREATION HOUSE BOR, Moscow Region, Jan 31 (PRIME) -- The extensive growth of RussiaТs consumer lending market needs special attention of the central bank as it may pose a threat to the countryТs financial stability, Chairwoman Elvira Nabiullina said on Thursday.
УOf course, the situation on the consumer lending market needs special attention. The explosive growth of such lending together with stagnation of the peopleТs real disposable income may pose a threat to financial stability and are fraught for the borrowers,Ф she said.
УThat is why we use regulatory tools to prevent the risk from appearing.Ф