June 10 (Bloomberg) -- Russian growth of bad bank loans is slowing for the first time since the global financial crisis started, Kommersant reported, citing Alexei Simanovsky, head of supervision and regulation at the central bank.

The slower pace “may become a tendency” and prompt the Central bank to review its delinquency forecast of 10 percent of all loans by the end of the year, the newspaper said.

Overdue corporate loans stood at 529 billion rubles ($17 billion), or 4 percent of the total, on May 1, while bad consumer loans stood at 191 billion rubles, or 7.4 percent, Kommersant said.

To contact the reporter on this story: Denis Maternovsky in Moscow at dmaternovsky@bloomberg.net

Last Updated: June 10, 2009 01:55 EDT