4 August 2025

EADB: Growth of lending in national currency accelerated

In Belarus, the growth of lending in national currency accelerated to 2% in June 2025 after a 0.4% decline in May, BelTA reports citing a macroeconomic review by the Eurasian Development Bank (EADB).

The increase was driven by a 3.2% rise in corporate lending, observed in both the state-owned enterprise sector (up by 4.7%) and the private sector (up by 1.6%).

The household loan portfolio grew by 0.8% in June, compared to 1.1% in May. “The slowdown is primarily seen in consumer lending, which increased by 0.6% (down from 1.2% in May). Mortgage growth also decelerated (0.9% vs. 1.1%). The shift in lending trends may be linked to the National Bank’s measures to stimulate investment lending,” the EADB noted.

Source