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Financial news: Growth of the corporate portfolio slowed in June, while mortgages accelerated.

Financial news: Growth of the corporate portfolio slowed in June, while mortgages accelerated.

Published on: 2026-07-17

Source: Central Bank of Russia – Центральный банк России –

An important disclaimer is at the bottom of this article.

Bank lending to companies (including bonds) increased by 0.4% in June (+1.5% in May). On an annual basis, the growth amounted to 13.7% (+13.6% the previous month).

Household mortgage debt, according to preliminary data, increased significantly (+1.0% after +0.3% in May), mainly against the backdrop of news about the upcoming tightening of the “Family Mortgage” conditions. The year-on-year growth amounted to +10.9% (+10.4% the previous month). The consumer loan portfolio continued to grow actively in June (+1.3% after +1.4% in May), driven by summer vacation spending. In year-on-year terms, the portfolio increased by 1% (-0.9% in May).

Household funds in banks increased by a moderate 0.3% (-0.8% in May), which may be explained by vacation expenses and the persistently high demand for cash. At the same time, the dynamics of corporate funds were close to zero (+2.9% in May), partly due to the decline in energy prices for exporters.

The profit of the banking sector amounted to 374 billion rubles — slightly higher than in May. At the same time, the aggregate financial result in June was significantly lower (234 billion rubles) due to the negative revaluation of debt securities, reflected directly in equity.

Read in more detail in the informational and analytical material “On the Development of the Banking Sector of the Russian Federation in June 2026”.

Preview photo: Valeriy Boyarskiy / Shutterstock / Fotodom

Please note; This information is raw content obtained directly from the information source. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.