Increase in average auto loan size in the Rostov region by a third, now standing at 1,2 million rubles, according to statistical data
Rostov Oblast, a region in southern Russia, is witnessing an increase in the auto loan market, as indicated by the growth in the number of auto loans taken out and the rising average loan amounts.
According to data from the first half of 2025, the average auto loan in Rostov Oblast stood at 1.2 million rubles, a 33% increase compared to the same period in 2024 (921,000 rubles). This increase in average auto loan size and demand can be attributed primarily to rising household debt burdens alongside inflationary pressures that strain incomes, forcing borrowers to take larger loans for vehicle purchases.
Despite high rejection rates of loan applications (75-80% for auto loans nationally), those who are approved tend to have bigger loan sizes to cover increased costs amid economic challenges like inflation and existing debt servicing difficulties.
Key contributing factors include high debt-to-income ratios among households, inflation and pressure on household budgets, credit tightening and cautious lending, the macroeconomic environment, and regional instability factors affecting Rostov Oblast directly.
In the first half of 2025, Sber, one of Russia's largest banks, analysed the auto loan market in Rostov Oblast. From January to June, Rostov residents took out nearly 1,500 auto loans totalling 1.8 billion rubles. Interest in auto loans among Rostov Oblast residents grew gradually throughout the year.
Anton Usachev, deputy manager of Sberbank's Rostov branch, stated that they have helped 1,500 Rostov Oblast residents buy cars in 2025. The most auto loans were taken in April and June 2025, with 360 each of those months.
While the locations of the new paid parking areas in Krasnodar, another city in the region, are not specified in the article, it is worth noting that the number of new paid parking areas in Krasnodar has increased.
The auto loan market in Rostov Oblast is experiencing growth, with an increase in demand for car purchases using borrowed funds. This trend is likely to continue as long as economic challenges persist and consumers seek reliable personal transportation solutions.
- Due to economic challenges such as high debt-to-income ratios, inflation, and credit tightening, the finance industry in Rostov Oblast has seen an expansion in the auto loan market.
- As the demand for auto loans continues to grow amidst economic struggles, the finance sector is expected to play a significant role in facilitating car purchases for residents of Rostov Oblast, thereby contributing to the growth of the industry.
