Russians' Mortgage Delinquency Growth Set A Record Since The 2000s
- 26.01.2026, 22:30
Over the year, delinquency increased by 76.6%.
The Russian banking system in 2025 is facing the strongest growth in mortgage arrears in decades.
As RBC reports with reference to the data of the "Scoring Bureau", at the end of the year Russian citizens failed to pay mortgage loans and interest to banks on time for 276 billion rubles. Over the year, the delinquency increased by 115.2 billion rubles, or 76.6%.
This growth - by 50% per year and more - was typical for Russia in the mid-2000s, when the mortgage was just emerging, RBC notes. Now with such speed bad debts are growing for the second year in a row: in 2024 their amount has increased 1.5 times - from 100 to 150.4 billion rubles. The cumulative total for 2023-25 mortgage delinquency has increased by 180%, according to statistics "Scoring Bureau".
Russians are becoming increasingly difficult to pay off loans "given the difficult economic situation," notes analyst Finam Igor Dodonov. According to the agency "Debt Consultant", the most significant increase in overdue mortgages for 11 months of 2025 occurred in the Republic of Tyva (4.8 times), the Republic of Mari El (4 times), the Republic of Crimea (3.7 times), the Tyumen region (2 times). In absolute terms, the leader is Moscow region (Br9.7 billion), followed by Moscow (Br7.99 billion), Krasnodar Krai (Br7.75 billion), Tyumen region (Br4.8 billion) and St. Petersburg (Br4.8 billion).
The total volume of problem loans to individuals (including consumer loans, car loans and credit cards) in the banking system reached Br2.3 trillion as of December. Over the past three years, their volume has grown by 900 billion rubles, or 64%, according to Central Bank statistics.
The growth of delinquency among Russians is a consequence of the credit boom of 2023-24, Economist Boris Grozovsky notes: "Families that began to receive money for contract servicemen, <�...> they took out loans to buy a house, a car."
Now the Russian economy is cooling down, wage growth is slowing down, and borrowers find themselves in a difficult situation, but it is profitable for the state to get people into loans, because it is easier to attract such people to the war, Grozovsky believes: "Some people find themselves in a desperate situation, start taking small loans up to their paychecks, and then have to re-credit, borrowing larger amounts. It turns out that it is easy to get such people on the hook.