The expert assessed the data on the decrease in the share of approved applications for credit cards in May

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Vladimir Kosoy, President of the Center for Infrastructure Economics, assessed the data on the decrease in the share of approved applications for credit cards in Russia in May.

  • © Igor Zarembo

  • RIA Novosti

In an interview with Inforeactor, he noted that everything that banks do in terms of regulating the issuance of loans is done in order to manage risks.

“The reduction of credit opportunities of the population will affect the reduction of a number of consumer goods,” the expert predicts.

According to him, this has already affected and will continue to affect the consumption of clothing, shoes, consumer electronics, with the exception of communications related to issues of remote work and social distance.

Earlier, as reported by “Vzglyad”, financial advisor Alexei Gerasimov commented on the situation.

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