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🌐 85% Global Worthiness
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Progress
44% Bias Score
Reduced Inequality
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