Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data was reported at 17.857 % Point in Mar 2019. This records a decrease from the previous number of 20.238 % Point for Dec 2018. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data is updated quarterly, averaging -6.061 % Point from Dec 2011 (Median) to Mar 2019, with 30 observations. The data reached an all-time high of 70.000 % Point in Dec 2014 and a record low of -31.818 % Point in Sep 2017. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.KAC018: Bank Lending Tightness: Loans to Households.

The benchmark interest rate in Russia was last recorded at 20 percent. This dataset provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Russia Bank Lending Rate

• Russia Bank Lending Rate was reported at 23.790 % pa in Jan 2025.
• This records a decrease from the previous number of 23.980 % pa for Dec 2024.
• Russia Bank Lending Rate data is updated monthly, averaging 11.600 % pa from Jan 1995 to Jan 2025, with 361 observations.
• The data reached an all-time high of 179.700 % pa in Feb 1995 and a record low of 5.940 % pa in Nov 2020.
• Russia Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Bank Lending Rate in Russia decreased to 22.35 percent in May from 22.74 percent in April of 2025. This dataset provides - Russia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB) data was reported at 9.560 % pa in Dec 2018. This records an increase from the previous number of 9.540 % pa for Nov 2018. Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB) data is updated monthly, averaging 12.470 % pa from Dec 2008 (Median) to Dec 2018, with 121 observations. The data reached an all-time high of 14.640 % pa in Jul 2009 and a record low of 9.540 % pa in Nov 2018. Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB) data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Russia Lending Rate: Foreign Currencies Mortgage Loans: Avg from Year Beginning (YB) data was reported at 9.330 % pa in Dec 2018. This records an increase from the previous number of 9.320 % pa for Nov 2018. Russia Lending Rate: Foreign Currencies Mortgage Loans: Avg from Year Beginning (YB) data is updated monthly, averaging 9.670 % pa from Dec 2008 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 13.820 % pa in Apr 2009 and a record low of 6.740 % pa in May 2017. Russia Lending Rate: Foreign Currencies Mortgage Loans: Avg from Year Beginning (YB) data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB012: Lending Rate: Foreign Currencies Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: FE: Khabarovsk Territory data was reported at 5.750 % pa in Mar 2025. This records an increase from the previous number of 5.730 % pa for Feb 2025. Lending Rate: RUB Mortgage Loans: YB: FE: Khabarovsk Territory data is updated monthly, averaging 11.825 % pa from Dec 2008 (Median) to Mar 2025, with 196 observations. The data reached an all-time high of 14.700 % pa in Sep 2009 and a record low of 4.940 % pa in May 2022. Lending Rate: RUB Mortgage Loans: YB: FE: Khabarovsk Territory data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Lending Rate: RUB Mortgage Loans: YB: CF: Ryazan Region data was reported at 7.460 % pa in Mar 2025. This records a decrease from the previous number of 7.920 % pa for Feb 2025. Lending Rate: RUB Mortgage Loans: YB: CF: Ryazan Region data is updated monthly, averaging 11.880 % pa from Dec 2008 (Median) to Mar 2025, with 196 observations. The data reached an all-time high of 15.200 % pa in Jun 2009 and a record low of 5.560 % pa in Dec 2022. Lending Rate: RUB Mortgage Loans: YB: CF: Ryazan Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB): Quarterly data was reported at 9.560 % pa in Dec 2018. This stayed constant from the previous number of 9.560 % pa for Sep 2018. Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB): Quarterly data is updated quarterly, averaging 12.650 % pa from Sep 2005 to Dec 2018, with 54 observations. The data reached an all-time high of 15.000 % pa in Sep 2005 and a record low of 9.560 % pa in Dec 2018. Russia Lending Rate: RUB Mortgage Loans: Avg from Year Beginning (YB): Quarterly data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Kostroma Region data was reported at 8.910 % pa in Dec 2024. This records a decrease from the previous number of 9.310 % pa for Sep 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Kostroma Region data is updated quarterly, averaging 12.315 % pa from Sep 2006 (Median) to Dec 2024, with 74 observations. The data reached an all-time high of 14.870 % pa in Jun 2009 and a record low of 6.980 % pa in Jun 2022. Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Kostroma Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: NW: City of St Petersburg data was reported at 7.660 % pa in Aug 2021. This records a decrease from the previous number of 7.700 % pa for Jul 2021. Lending Rate: RUB Mortgage Loans: YB: NW: City of St Petersburg data is updated monthly, averaging 12.220 % pa from Dec 2008 to Aug 2021, with 153 observations. The data reached an all-time high of 15.830 % pa in Jan 2015 and a record low of 6.740 % pa in Jun 2021. Lending Rate: RUB Mortgage Loans: YB: NW: City of St Petersburg data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: VR: Republic of Mordovia data was reported at 8.310 % pa in Mar 2025. This records an increase from the previous number of 7.800 % pa for Feb 2025. Lending Rate: RUB Mortgage Loans: YB: VR: Republic of Mordovia data is updated monthly, averaging 11.610 % pa from Dec 2008 (Median) to Mar 2025, with 196 observations. The data reached an all-time high of 14.880 % pa in Mar 2010 and a record low of 3.330 % pa in May 2022. Lending Rate: RUB Mortgage Loans: YB: VR: Republic of Mordovia data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: Far East Federal District (FE) data was reported at 6.490 % pa in Oct 2021. This records a decrease from the previous number of 6.780 % pa for Sep 2021. Lending Rate: RUB Mortgage Loans: YB: Far East Federal District (FE) data is updated monthly, averaging 12.260 % pa from Dec 2008 to Oct 2021, with 155 observations. The data reached an all-time high of 15.060 % pa in Aug 2009 and a record low of 6.380 % pa in Jan 2021. Lending Rate: RUB Mortgage Loans: YB: Far East Federal District (FE) data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Kamchatka Territory data was reported at 6.480 % pa in Mar 2025. This records a decrease from the previous number of 9.790 % pa for Dec 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Kamchatka Territory data is updated quarterly, averaging 12.000 % pa from Sep 2006 (Median) to Mar 2025, with 75 observations. The data reached an all-time high of 14.420 % pa in Sep 2009 and a record low of 6.480 % pa in Mar 2025. Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Kamchatka Territory data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: SF: Volgograd Region data was reported at 7.650 % pa in Mar 2025. This records a decrease from the previous number of 8.050 % pa for Feb 2025. Lending Rate: RUB Mortgage Loans: YB: SF: Volgograd Region data is updated monthly, averaging 11.830 % pa from Dec 2008 (Median) to Mar 2025, with 196 observations. The data reached an all-time high of 14.640 % pa in Mar 2015 and a record low of 6.100 % pa in May 2022. Lending Rate: RUB Mortgage Loans: YB: SF: Volgograd Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: CF: Kaluga Region data was reported at 7.810 % pa in Mar 2025. This records an increase from the previous number of 7.530 % pa for Feb 2025. Lending Rate: RUB Mortgage Loans: YB: CF: Kaluga Region data is updated monthly, averaging 11.780 % pa from Dec 2008 (Median) to Mar 2025, with 196 observations. The data reached an all-time high of 14.820 % pa in May 2009 and a record low of 5.810 % pa in May 2022. Lending Rate: RUB Mortgage Loans: YB: CF: Kaluga Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Tambov Region data was reported at 8.310 % pa in Dec 2024. This records a decrease from the previous number of 10.630 % pa for Sep 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Tambov Region data is updated quarterly, averaging 12.245 % pa from Sep 2006 (Median) to Dec 2024, with 74 observations. The data reached an all-time high of 15.360 % pa in Sep 2009 and a record low of 6.240 % pa in Jun 2022. Lending Rate: RUB Mortgage Loans: YB: Quarterly: CF: Tambov Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.

Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Amur Region data was reported at 4.840 % pa in Dec 2024. This records a decrease from the previous number of 5.300 % pa for Sep 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Amur Region data is updated quarterly, averaging 12.250 % pa from Sep 2006 (Median) to Dec 2024, with 74 observations. The data reached an all-time high of 15.400 % pa in Sep 2009 and a record low of 4.840 % pa in Dec 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: FE: Amur Region data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning.