GgoogleRU first seen 2 d ago, last 2 d ago, peak #5
Petersburg residents took on nearly a billion rubles in store credit in September
Original: кредит
New figures show shoppers in Saint Petersburg borrowed almost one billion rubles through retail store loans in September alone. The volume of consumer borrowing at the point of sale highlights how Russians are increasingly financing everyday purchases with credit as household budgets come under pressure. Analysts warn that rapid growth in store credit can leave borrowers with high interest obligations.
Why now: Rising consumer borrowing amid economic pressure is a hot topic in Russia, with people watching how much debt households are taking on.
Saint PetersburgRussian retail banks
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