Economy
07 красавіка 2025, 16:34
EDB: Credit market activity is gaining momentum in Belarus
MINSK, 7 April (BelTA) – Credit market activity continues to gain momentum in Belarus, reads the weekly macroeconomic review by the Eurasian Development Bank (EDB), BelTA has learned.
The loan portfolio of banks in national currency increased by 1.2% in February 2025, the EDB noted. “This is due to an increase in lending to both enterprises and individuals. The loan portfolio of legal entities went up by 0.8% in February after a 2.6% rise in January. State-owned enterprises accounted for more than 70% of the increase. Their lending volume inched up by 1.1%,” the EDB analysts noted.
The retail lending portfolio rose by 1.3% in February after a 1% increase a month before. The increase was generated by mortgage and consumer lending in about equal proportions. “The growth of lending to individuals is attributed to the increase in household income,” the bank emphasized.
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