Page 161 - RusRPTAug24

follows from RBC calculations based on company reports. According to the data presented, the volume of funds of individuals on deposits in Yandex Bank has increased 2.5 times since the beginning of this year, reaching 37.4bn rubles as of the beginning of June. Over the same period, Ozon Bank increased the volume of deposits by 2.1 times - up to 10.4bn rubles. In January - May of this year, Yandex Bank and Ozon Bank attracted more deposits than such banks as Otkritie, Pochta Bank, Uralsib, etc. Separately, Yandex Bank overtook the Crimean RNKB, MTS Bank and Saint Petersburg.
8.1.4 NPLs
NPL Ratios Steady in May. Data for June is forthcoming, but preliminary figures from May indicate that the share of problem loans in Russia remained stable across various lending sectors.
In the retail lending segment, the proportion of non-performing loans (NPLs) held steady at 4.2%, with unsecured consumer loans at 7.7% and mortgages at 0.6%. As of early June 2024, these problem retail loans were covered by individual reserves at 91% and by total reserves at 138%, compared to 91% and 137%, respectively, at the beginning of May.
161 RUSSIA Country Report August 2024 www.intellinews.com