Dagestan ranks second in terms of the share of corporate loans with high levels of overdue payments in the Russian Federation. As of March 1, 2024, the share of such loans in Dagestan had increased by 23.6%, while 52.5% of all loans in the republic were considered overdue.

This makes Dagestan second in the country, after the Nenets Autonomous District, which has a 64% share of overdue loans. It should be noted that other regions, such as Karachay-Cherkessia, Kabardino-Balkaria and Chechnya also have high levels of overdue corporate loans. These regions are among the top five with the highest levels of overdues, after Dagestan.

According to the research, the overall volume of the corporate loan portfolio in Russia increased by 19.3% between March 2023 and March 2024. Experts attribute this increase to rising interest rates and tighter credit conditions, but note that these factors have not yet significantly impacted the dynamics of corporate lending.