Yandex Pay has announced the launch of lending for legal entities starting in October 2025. Companies can now obtain loans up to 1.5 billion rubles for any purpose, including the purchase of equipment and transport. It is not necessary to open a current account with Yandex Bank.
Previously, loans were only available to sellers on Yandex Market and a limited number of distributors on Auto.ru.
According to Anatoly Perfilyev, Director of Banking Ratings at Expert RA, Yandex Pay attracts funds from the population into deposits at a rate that exceeds the growth of the loan portfolio, which allows accumulating liquid assets. However, with the fall in the key rate, these assets lose profitability, and the bank needs to find new ways of investing. The bank will receive information about potential borrowers from other divisions of Yandex; primarily, Yandex Pay is focused on working with small businesses.
Denis Osin, Director of Small and Micro Business at Alfa-Bank, emphasizes that it is in this segment that there is a high concentration of risks, which may require recapitalization.
Experts point out that the corporate lending market is already divided between large state and private banks, and launching a new business in such conditions becomes a difficult task.
Large banks can offer more competitive rates, which exacerbates the task for new players. At the same time, companies such as Wildberries and Ozon are already actively financing their sellers, which creates additional pressure on the market.
Read more materials:
- "Cooling-off period" for issuing loans to appear in Russia
- Manufacturers of machine tools and robots received 1.5 billion rubles under the preferential program of the Ministry of Industry and Trade of the Russian Federation
- Russians begin to actively take out loans; 1.46 million credit cards were issued in August
Now on home
Герой России Гарнаев: никто из профессионалов о возобновлении производства на КАЗ всерьёз не говорит
Система отслеживает спутники на высотах до 50 000 км и ведёт за ними наблюдение
The armored vehicle is equipped with a KamAZ-740.35-400 diesel engine with a power of 400 hp.
Constant improvements in avionics, weapons and tactical capabilities will make the aircraft a flexible response to future challenges
The exterior of the KamAZ-54901 features fairings on the cab and chassis for fuel economy
Fighters are in demand both domestically and abroad
Tyazhpromexport and Venezuela Agree on Plant Revival
The company not only completed the state order, but also quickly mastered the production of AK-12K for special forces
Experts have developed a photogrammetric complex with a resolution of less than 1 cm
