Overview
- Official data for May 2026 show aggregate credit irregularity at about 7.7%, the nineteenth monthly increase in a row and the highest level for the system in around 20 years.
- Household arrears hit 12.8% in May 2026 with personal loans and credit cards driving the rise and personal-loan delinquency near 15.9%.
- There are about 20.9 million borrowers in the system and roughly 5.8 million have debts in irregular status, with 3.4 million delinquent only with virtual-wallet lenders.
- Delinquency is extreme in nonbank providers: virtual wallets recorded roughly 29.6% arrears, and young borrowers are heavily overrepresented with irregularity above 40% for ages 18–25.
- The central bank and banks say provisions cover most of the bad loans and capital cushions are strong, but analysts and unions warn that falling real wages and higher debt service could further squeeze consumption and credit access.