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Lending in Russia
2023: Girl, 27, jumps out of 23rd floor window over collector calls
In February 2023, in Balashikha, a 27-year-old girl jumped out of a 23rd floor window due to calls from collectors.
She had a bank loan of 300,000 rubles. Acquaintances claim that collectors regularly called her and her relatives and exerted psychological pressure. The girl's psyche could not stand it, she wrote about this in a suicide note.
2022
Growth in the volume of collection services by 6% to 54.9 billion rubles
The volume of the Russian collection services market in 2022 reached 54.9 billion rubles, an increase of 23.4% compared to the previous year. Compared to 2018 growth, the market showed a 4.7-fold rise. This is evidenced by the data of the market research agency "GuideMarket," published in December 2023.
Analysts attribute the significant growth of the collection services market to an increase in the number of debts, as well as an increase in the efficiency of collection agencies. As a result of their activities, the number of debts repaid and debts repaid increases.
At the same time, as the researchers note, the growth of the collection market also raises certain concerns: increased pressure on debtors can lead to social problems and a decrease in the level of confidence in financial institutions.
According to the National Association of Professional Collection Agencies (SRO NAPKA), in 2022 the volume of the agency collection market (overdue debt remains on the balance sheet of the lender) decreased by 16%, to 734 billion rubles. The decrease was shown at the end of the year and the number of cases transferred by creditors to collectors - by almost 3% at the end of 2022, to 20.4 million.
Almost three quarters of the agency collection market fell on banks, another 25% is occupied by debts of microfinance organizations (MFIs) and other creditors. Bankers in 2022 transferred to collectors for agency debt collection by 559 billion rubles, which is 14% less than in 2021, microfinance - 132 billion rubles (-14% in annual comparison). The average check in the segment amounted to 36.7 thousand rubles, which is 12% less than a year earlier.
"An additional decrease in the agency collection market could be led by restructuring by the creditors themselves, as well as the use of credit holidays, which led to a decrease in the volume of loans transferred for collection," adds ACRE Mikhail Polukhin, director of the financial institutions ratings group.[1]
Blocking penalties in favor of banks and collection agencies with foreign roots
On March 23, 2022, it became known that the Bailiff Service began to "freeze any recovery" in favor of banks and collection agencies with foreign roots.
The FSSP perceives such organizations as non-residents and is guided by Russia's response to Western sanctions. The documents indicate that the transfer of money in favor of companies "that are non-residents" should be suspended until "special indication." There is also a list of companies and banks that should not receive collected debts.
The lists included "daughters" of foreign banksRaiffeisen Bank("," Rosbank and Unicredit Bank""), as well as the largest collection agencies operating in Russia - (EOS "daughter" of the German EOS Group), "" (controlled), First Collection Bureau Baring Vostok ID Collect (part of the IDF Eurasia group), "" (M.B.A. Finance part of the MBA Consult group) and "Phoenix" (controlled). TCS Group
One of RBC's interlocutors noted that payments do not pass selectively, from some district departments of the FSSP. According to him, the territorial divisions of the FSSP technically comply with the decisions of the courts to recover, but the money is not transferred to the collectors, but is accumulated in the treasury accounts of the service.
2020: Record volume of work with debts of individuals - 582 billion rubles.
Recoverers received in 2020 problematic debts of individuals for 582 billion rubles . - a record amount since at least 2013.
2019
Banks sold collectors debts of individuals worth 303 billion rubles
At the end of 2019, banks sold overdue debts of individuals worth 303 billion rubles to collectors . The collectors bought three-quarters of all loan agreements, which the bankers decided to abandon in order to clear the balance sheets. In total, they put up for sale 399 billion rubles of debt - 15% less than a year earlier.
But in the hands of collectors in the end it turned out to be 3.5% more debt than in 2018.
The amount of average debt taken by collectors into work decreased by 15% - to 158 thousand rubles. This is the result of non-payments on consumer loans and credit cards, according to the PKB, while the share of car loans and business debts is decreasing.
Overdue debts are becoming more expensive, but they are still sold for nothing: the average price of closed transactions was 2.62% of the face value. Collectors spent only 7.9 billion rubles for the purchase of rights for 300 billion rubles of debt (against 5.6 billion a year ago).
For 9 months, the volume of overdue debts of individuals on bank balance sheets decreased by 17 billion rubles
On November 14, 2019, it became known that the total assets of collection agencies in 2018 reached 98.69 billion rubles, an increase of 2.8 times compared to the results of 2017. Net profit increased 2.2 times to 11.15 billion rubles, revenue - 1.7 times to 22.42 billion rubles. Such data were obtained by analysts of the Debt Consultant collection agency based on an analysis of the companies' open financial statements.
According to the Bank of Russia, as of October 1, 2019, the volume of overdue debts of individuals on bank balance sheets decreased by 17 billion rubles or 2.24% to 756.5 billion rubles, while the volume of overdue debts of legal entities increased by 11% to 2.409 trillion rubles. The transfer of debt by legal entities is not widespread, banks with such debts work independently.
Ranking collection agencies by assets gives an indication of the agency's position in the overdue debt market. Other indicators of public accounting, due to the peculiarities of accounting, are much more difficult to interpret: there are differences in portfolios in work or on the balance sheet, and companies also use various taxation systems. Balance sheets may not only have retail portfolios and not only claim rights under. to the credits The recovery market is young, it is impossible to talk about its established leaders and outsiders. The aggregate financial results of collection agencies indicate a stable demand for civilized instruments for the collection of overdue debts, says Denis Aksyonov, General Director of the Debt Consultant collection agency
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During 2019, 74 companies or 26% of the total number were included in the register of legal entities engaged in activities to return overdue debts as the main type of activity, their total assets due to activities in 2018 exceeded 10 billion rubles. In total, the FSSP register includes information on 310 companies, in 2017-2019 29 companies were excluded from the register, which accounted for 8.6 billion rubles of total assets at the end of 2018. There are 21 organizations on the simplified taxation system (USN), so the amount of their assets is not known.
Companies in the Moscow region account for 64.7% of total assets (65 companies are registered in Moscow or 31% of the total number of collection agencies), followed by companies registered in St. Petersburg and the Yaroslavl region (8.2%) with a share of 9.5% (see Table No. 1).
Region | Share of assets |
Moscow | 64.7% |
Санкт-Петербург | 9,5% |
Yaroslavskaya region | 8.2% |
Ростовская область | 3,5% |
Иркутская область | 1,8% |
Свердловская область | 1,8% |
Республика Татарстан | 1,5% |
Пермский край | 1,0% |
Новосибирская область | 1,0% |
Нижегородская область | 0,8% |
Карачаево-Черкесия | 0,8% |
Самарская область | 0,7% |
Udmurt Republic | 0.5% |
Прочие | 4,4% |
Source: KA "Debt Consultant."
At the end of 2018, the conditional average size of the assets of the collection agency amounted to 481.3 million rubles, while the market leader has this size 67 times more, half of the total assets are occupied by 50 companies (see Table No. 2).
Position in the ranking | Name | City | Assets, RUB | |||
2017 | 2018 | 31.12.2018 | 31.12.2017 | Change, in% | ||
1 | 59 | DEBT CENTER LLC | Moscow | 32 593 341 000 | 68 476 000 | 47498.2% |
2 | 43 | EXPERT-FINANCE LLC | Yaroslavl Region | 7 039 467 000 | 114 062 000 | 6071.6% |
3 | 1 | First Collection Bureau | Moscow | 6 956 014 000 | 5 806 031 000 | 19.8% |
4 | -- | Glavkollekt LLC | St. Petersburg | 6 559 907 000 | -- | -- |
5 | 2 | Phoenix LLC | Moscow | 4 866 143 000 | 2 635 607 000 | 84.6% |
6 | 3 | YUG-COLLECTION LLC | Rostov Region | 2 937 715 000 | 2 335 241 000 | 25.8% |
7 | 6 | EOS LLC | Moscow | 2 243 195 000 | 1 107 638 000 | 102.5% |
8 | 27 | Paritet Legal Center LLC | Moscow | 1 622 368 000 | 241 416 000 | 572.0% |
9 | 4 | M.B.A. Finance LLC | Moscow | 1 187 882 000 | 1 382 458 000 | -14.1% |
10 | 5 | National Collection Service LLC | Moscow | 1 039 542 000 | 1 233 370 000 | -15.7% |
11 | 8 | Consulting & Investments LLC | Republic Of Tatarstan | 926 192 000 | 874 037 000 | 6.0% |
12 | 10 | Sentinel Credit Management LLC | Moscow | 894 130 000 | 780 675 000 | 14.5% |
13 | 57 | Debt Management Center Joint Stock Company | Moscow | 891,713,000 | 73,255,000 | 1117.3% |
14 | 9 | Debt Agency Themis LLC | St. Petersburg | 850 357 000 | 845 757 000 | 0.5% |
15 | 7 | Altima LLC | Moscow | 807 082 000 | 875 248 000 | -7.8% |
16 | 18 | Trust LLC | Irkutsk Region | 777 620 000 | 451 111 000 | 72.4% |
17 | 14 | Dialogue-Finance Collection Agency | Karachay-Cherkessia | 675 450 000 | 567 331 000 | 19.1% |
18 | 12 | AktivBusinessConsult LLC | Moscow | 657 739 000 | 667 779 000 | -1.5% |
19 | 19 | COLLECTIVE LLC | Moscow | 594 613 000 | 344 252 000 | 72.7% |
20 | 37 | Forward LLC | Novosibirsk Region | 593 661 000 | 151 349 000 | 292.2% |
21 | 31 | Debt Collection Agency Legal Collection LLC | Samara Region | 566 262 000 | 181 899 000 | 211.3% |
22 | 15 | LLC "Collection Agency" Legal Technologies " | Sverdlovsk Region | 563 369 000 | 562 732 000 | 0.1% |
23 | 17 | Credit Inkaso Rus LLC | Moscow | 520 416 000 | 452 934 000 | 14.9% |
24 | 24 | Legal Plus LLC | Perm Krai | 502 854 000 | 255 794 000 | 96.6% |
25 | -- | Finnex LLC | Sverdlovsk Region | 400 211 000 | -- | -- |
26 | 33 | Aks Finance Consolidation LLC | Belgorod Oblast | 346 665 000 | 176 477 000 | 96.4% |
27 | 22 | Company Trust LLC | Irkutsk Region | 338 147 000 | 275 479 000 | 22.7% |
28 | 135 | Megapolis Consult & Service Legal Center LLC | Volgograd Region | 334 876 000 | 14,679,000 | 2181.3% |
29 | 26 | Trust Management Company LLC | Irkutsk Region | 312 183 000 | 245 945 000 | 26.9% |
30 | 21 | Megasach LLC | Sakhalin Oblast | 311 026 000 | 293 655 000 | 5.9% |
31 | 60 | ODA Legal Center LLC | Orenburg Region | 309 090 000 | 68 202 000 | 353.2% |
32 | 25 | LLC Collector Agency "Return" | Sverdlovsk Region | 307 885 000 | 248 943 000 | 23.7% |
33 | 38 | Legal Support Center LLC | Udmurt Republic | 304 235 000 | 143 659 000 | 111.8% |
34 | 51 | Neiva LLC | Moscow | 303 805 000 | 88 315 000 | 244.0% |
35 | -- | Inkas Collective LLC | Chuvash Republic | 296 969 000 | -- | -- |
36 | 83 | Credit Collective LLC | Ivanovo Region | 286 208 000 | 38 120 000 | 650.8% |
37 | 35 | Redut LLC | Republic of Tatarstan | 278 154 000 | 163 779 000 | 69.8% |
38 | 111 | Credit Security Bureau LLC Russkollector | Moscow | 240 781 000 | 21,346,000 | 1028.0% |
39 | 28 | Debt Return Bureau LLC | Republic of Khakassia | 234 764 000 | 232 228 000 | 1.1% |
40 | 36 | Capital Debt Recovery Agency LLC | Moscow | 228 338 000 | 155 907 000 | 46.5% |
41 | -- | Debt Consultant LLC | St. Petersburg | 227 117 000 | -- | -- |
42 | 55 | Partner LLC | Perm Territory | 214 843 000 | 76,386,000 | 181.3% |
43 | 30 | RegionConsult LLC | Moscow | 208 275 000 | 191 818 000 | 8.6% |
44 | 29 | MFI COLLECTION LLC | Yaroslavl Region | 205 711 000 | 195 497 000 | 5.2% |
45 | 53 | Financial Control Agency LLC | Nizhny Novgorod Region | 200 040 000 | 84 357 000 | 137.1% |
46 | 16 | Kobrin LLC | Novosibirsk Region | 194 926 000 | 561 124 000 | -65.3% |
47 | 34 | Primokollect LLC | Moscow | 184 204 000 | 171 472 000 | 7.4% |
48 | 44 | Trust-Western Siberia LLC | Irkutsk Region | 176 361 000 | 109 493 000 | 61.1% |
49 | 56 | MIKTUM LLC | Moscow | 160 965 000 | 74 311 000 | 116.6% |
50 | 20 | Legal Business Security LLC | St. Petersburg | 159 386 000 | 301 968 000 | -47.2% |
Notes
- Source: KA "Debt Consultant."