Household Final Consumption Expenditure on the Way to the Consumer Lending Model

Michael Khromov – Head of Department for Financial Studies of the Gaidar Institute; Senior Research fellow of the Center of Structural Research, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

For the first five months of 2018, household savings moved up merely by 1.3% which is the bottom low for the last several years. Meanwhile, retail lending has been demonstrating an upward trend. The public borrows significantly more than deposits.

Key words: banking sector, households, loans, loan behavior pattern.