Thursday, April 25, 2019

Lending to Russian economy fell

Lending to the Russian economy fell by 0.3% in January - CBR

The total volume of credits to the economy in January declined by 0.3% to 40.8 trillion rubles, according to the Bank of Russia materials.

Including for the period decreased lending to non-financial organizations by 0.3% to 30.1 trillion rubles, individuals - by 0.4%, to 10.8 trillion rubles.

According to the CBR, the amount of arrears has grown in the corporate portfolio by 2,9%, in retail in January - by 1.9%.

As a result, the share of overdue loans increased on loans to non-financial organizations, from 6.3 to 6.5%, and retail loans - from 7.9 to 8.1%.



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