More than half of all new loans issued in the II quarter. 2022 fell on credit cards. For II quarter. In 2022, 4.4 million credit cards were issued with a total limit of RUB 300.00 billion. Their share in the total structure of new loans exceeded 55%; a year ago, credit cards accounted for only 35% of all new loans. In money terms, the share of credit cards almost tripled over the past year: from 7% to 20%. In total, Russians currently have 36.8 million credit cards in their hands with a total limit of 3.7 trillion rubles. Utilization of limits on credit cards at the end of Q2 2022 is almost 65%.
The second most popular loan product is a cash loan. In the II quarter. In 2022, banks issued 2.46 million cash loans for 603.17 billion rubles. The share of such loans in the number of new loans amounted to 31%, while a year ago this product accounted for 45% of all new loans. In money, the share of cash loans still remains the highest despite the fact that over the past year it has also decreased from 46% to 49%. At the end of June, borrowers had 35.6 million open cash loans with a total debt of 9.09 trillion rubles.
12% of new loans were POS loans, a year ago their share was 14%, while in money their share slightly increased from 2% to 3%. In the II quarter. this year, borrowers took out 947.01 thousand commodity loans for 45.62 billion rubles. Now the Russians service 7.4 million of these loans with a total debt of 226.02 million rubles.
For mortgage loans [1] in the II quarter. 2022 accounted for only 2% of all new issuances, although a year ago their share was 5%. In monetary terms, the share of mortgages decreased from 38% to 32% over the year. In the II quarter. this year, the Russians took out 129.49 thousand loans for the purchase of housing for 483.05 billion rubles. In total, borrowers have 6.74 million mortgage loans with a total debt of more than 12.47 trillion rubles.
The share of car loans in the number of new disbursements decreased from 2% to 1%, while in money terms it increased from 6% to 7%. In the second II quarter. In 2022, Russians took out 81.38 thousand loans for the purchase of cars for a total of 100.14 billion rubles. The total auto loan portfolio now stands at just under 1.50 million loans with a total debt balance of RUB 1.10 trillion.
<<< July 28, 2022 Feed >>>
A large 170-carat pink diamond has been discovered in Angola, which may be the largest of its kind found in 300 years, the Associated Press reported on Wednesday.
>>>>>>>>>>
Diamond miner De Beers sold $630 million worth of diamonds in its sixth sales cycle this year, Anglo American plc, which controls De Beers, said.
>>>>>>>>>>
The National Settlement Depository (NSD, part of the Moscow Exchange group) will stop opening new euro accounts from August 2. In early June, NSD was included in the EU sanctions list, after which it suspended the execution of operations in euros.
From August 2, according to NSD, a new version of the appendix to the terms of banking services will come into effect, in which the euro is excluded from the list of currencies in applications for opening accounts with the depository.
Thus, NSD can now open an account in nine currencies: Russian and Belarusian rubles, US, Hong Kong and Canadian dollars, Chinese yuan, tenge, Swiss franc and pound sterling.
>>>>>>>>>>>
The International Table Tennis Federation (ITTF) has decided not to allow the teams of Russia and Belarus to participate in the 2022 World Championship, the press service of the ITTF reports.
>>>>>>>>>>
Russia has told NASA it plans to stay on the International Space Station until at least 2028, four years longer than the official Roscosmos statement said.
>>>>>>>>>>>>
The U.S. Air Force is sending fifth-generation Boeing F-22 Raptor fighter jets to Poland in support of NATO’s mission to air cover the alliance’s eastern flank, Air Force officials in Europe have said.
>>>>>>>>>>
The US Federal Reserve raised its base interest rate by 75 bp. — up to 2.25-2.5% per annum. The last time the regulator raised the rate on June 15 was also 0.75 bp, to 1.5-1.75%.
>>>>>>>>>>
Russian Foreign Minister Sergei Lavrov completed a five-day tour of African countries on Wednesday. During this time, he not only met with the leadership of four states — Egypt, Congo, Uganda and Ethiopia, but also managed to communicate with representatives of the League of Arab States and the African Union.
>>>>>>>>>>
Ukraine in April-May sharply increased coal exports to Europe, follows from Eurostat data. In April, 54 thousand tons of coal were delivered to the EU countries, and in May — 82 thousand tons. These are very large export volumes, judging by the statistics over the past few years. For the whole of 2021, Ukrainian imports amounted to 11.3 thousand tons, for 2020 — 2.6 thousand tons, for 2019 — 2 thousand tons
>>>>>>>>>>
The Ministry of Economic Development estimated the slowdown in inflation in Russia in annual terms in the week from 16 to 22 July to 15.3% compared to 15.39% a week earlier.
>>>>>>>>>>>>>>
In Russia, in the first half of the year, the production of passenger cars fell 2.6 times, to 281,000 units; production of trucks over the same period decreased by 17.7%, to 70.4 thousand units, data from Rosstat showed.
>>>>>>>>>>>>
Israeli drug manufacturer Teva Pharmaceutical Industries Ltd. reached an agreement to settle claims related to the so-called «opioid case» in the US, reports the AP. The company will pay a total of $4.3 billion over 13 years, which will include both monetary penalties and free supplies of medicines.
Previously, state and local governments accused leading drug industry players of facilitating the distribution of opioid painkillers throughout the United States.
>>>>>>>>>>>
The European aerospace corporation Airbus SE recorded a sharp decline in net profit in the second quarter of 2022 and worsened its forecast for aircraft deliveries for the current year as a whole.
Airbus net profit in April-June amounted to 682 million euros against 1.87 billion euros in the same period a year earlier. Adjusted EBIT fell by 31% to 1.38 billion euros. The company’s revenue decreased by 10% and amounted to 12.81 billion euros.
>>>>>>>>>>
The German Interior Ministry agreed to pay additional compensation to the families of Israeli Olympians killed by Palestinian terrorists in Munich in 1972, and is now negotiating with these families, AP reports.
>>>>>>>>>
In June 2022, Russian GDP fell 4.9% year-on-year after declining 4.3% in May, 2.8% in April, rising 1.3% in March, 4.1% in February and 5.7% in January, according to the published review of the Ministry of Economic Development «On the current situation in the economy.»
>>>>>>>>>>
Intelion Data Systems named the best regions of Russia for cryptocurrency mining. According to experts, now it is best to place mining data centers in Moscow, the Moscow region, Karelia, Buryatia, Sverdlovsk, Murmansk and Irkutsk regions, the Krasnoyarsk Territory and the Republic of Khakassia.
In the first four regions, there is already an excess of electricity consumption over its generation. For example, the difference between electricity consumption and generation in Moscow and the Moscow Region is 40,735 million kWh.
>>>>>>>>>>>
MIPT will not be paid for participation in the project of the Prosecutor General’s Office worth almost a billion rubles. The Institute, as a subcontractor, helped in the development of “conditions for the digital transformation of bodies and organizations of the Prosecutor General’s Office”, but, according to the customer, did not meet the deadline, so the work was not accepted and, accordingly, paid.
Meanwhile, MIPT was to receive 28 million rubles. The scientists went to court, and, in addition to the money due to them, they demanded the MIPT demanded a penalty and interest. The total amount of claims amounted to almost 63 million rubles. Ultimately, the court denied them. There is no information yet on whether the institute will challenge this decision.
>>>>>>>>>>
Scientists have discovered a gene responsible for the growth of muscle mass. After the analysis of skeletal muscles, it became known that during training, the C18ORF25 gene is most often activated — it is responsible for the muscles. Animal Experiment Shows Their Muscles Get Stronger When C18ORF25 Activity Increases
>>>>>>>>>>>
The American Meta Platforms (recognized as an extremist organization in Russia, its activities are banned in the country) recorded a decrease in revenue in the second quarter against the backdrop of a decrease in advertising revenue.
In April-June 2022, Meta’s revenue decreased by 1% to $28.82 billion compared to $29.08 billion in the same period last year. The company’s net profit fell 36% to $6.69 billion from $10.39 billion a year earlier. Earnings per share fell to $2.46 from $3.61, with market consensus of $2.56.
The number of users of the social network Facebook with account activity at least once a month (MAU) at the end of June amounted to 2.93 billion people, an increase of 1% over the year. The number of daily active users (DAU) increased by 3% to 1.97 billion.
>>>>>>>>>>
Revenue of PJSC «Magnit» in the II quarter of 2022 increased by 38.7% year on year and amounted to 588.6 billion rubles.
>>>>>>>>>>
Ford’s net profit in April-June 2022 was $667 million, or 16 cents per share, compared to $561 million, or 14 cents per share, a year earlier. The company noted that earnings remain negatively impacted by a $2.4 billion loss associated with an investment in Rivian Automotive Inc.
>>>>>>>>>
The retail revenue of O’Key retailer in the II quarter of 2022 increased by 11.5% compared to the same indicator for 2021, to 49.562 billion rubles.
>>>>>>>>>
American Qualcomm Inc., one of the world’s largest manufacturers of semiconductor components, increased its net profit by 1.8 times in the third quarter of fiscal 2022
For the quarter ended June 26, the company’s net income was $3.73 billion, or $3.29 per share, compared with $2.03 billion, or $1.77 per share, for the same period last year. Adjusted earnings rose to $2.96 from $1.92 per share. Revenue shot up by 36% and reached $10.94 billion against $8.06 billion the previous year.
>>>>>>>>>>>
South Korean electronics manufacturer Samsung Electronics Co. in the second quarter of 2022 increased revenue by 23%, net profit — by 15%.
The company’s revenue for the reporting period rose to 77.2 trillion South Korean won ($59 billion) from 63.67 trillion won in the same period last year. Samsung’s net profit in the past three months rose to 11.1 trillion won from 9.63 trillion won. The company’s operating income rose 12% to 14.1 trillion won.
>>>>>>>>>>
Page is being updated … stay tuned to TopNews ……