Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

06/19 09:31   Vnukovo Airport handles 16.8% more passengers in May
 
06/19 09:29   Poroshenko submits High Anti-Corruption Court bill to Verkhovna Rada
 
06/19 09:27   Polymetal offered to buy Petropavlovsk's unfinished POX Hub - shareholder
 
06/19 09:25   Some 300 civilians return to their homes in Syria's Homs governorate, E. Ghouta in past day - Russian Defense Ministry
 
06/19 09:18   Moscow press review for June 19, 2018
 
06/19 09:11   Russian embassy hopes U.S. senators' Moscow visit to positively impact bilateral ties
 
06/19 09:05   INTERFAX RUSSIA AND CIS BUSINESS AND FINANCIAL NEWS
 
06/19 09:03   Mines, roadside bombs, explosive devices defused in Yarmouk in Damascus outskirts - Russian Defense Ministry
 
06/19 09:00   RUSSIA AND FSU GENERAL NEWS
 
06/19 08:16   Results of forex trading on Moscow Exchange on June 18
 


 

Interfax.com  |  Interfax news  |  Lending to economy up 3.5% in 8M, retail lending...


News headlines


September 14, 2017 13:55

Lending to economy up 3.5% in 8M, retail lending up 7% - Nabiullina (Part 2)

SOCHI. Sept 14 (Interfax) - Russian banks increased lending to the economy by 3.5% in 8M 2017, with lending to individuals rising 7%, Russian Central Bank Governor Elvira Nabiullina said at XV International Banking Forum "Banks of Russia - XXI Century," organized by the Association of Regional Banks of Russia (Association Russia) in Sochi.

"The main indicators of banks are demonstrating growth: in the 8M of this year, assets grew 4.5%, and loans to the economy - 3.5%, with loans to non-financial organizations up 2.3% and loans to individuals up 7%," Nabiullina said.

Personal deposits with Russian banks grew 5% in 8M, she said. Corporate deposits rose 0.9%. "The share of personal deposits in the liabilities of banks exceeded the share of corporate funding. The reverse tendency was true here for a long time," she said.

Banks boosted profit to 997 billion rubles in the 8M, exceeding earnings for the whole of 2016. "Profit is a source of capital growth, and we think that is what it must be used for above all," she said.

She said it is possible with certainty to talk about a recovery in retail lending and the simultaneous stabilization of its quality while banks are making the switch to more conservative scoring models.

"The Bank of Russia will continue to pay the closest attention to this segment. In general we have succeeded in stabilizing the quality of the loan portfolio, with arrears on corporate loans up slightly and on retail loans down slightly. The changes are very modest, and here we can talk rather about the stabilization of loan arrears," she said.

ns pr aa

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

June 19, 2018
 
09:27
Polymetal offered to buy Petropavlovsk's unfinished POX Hub - shareholder
 
09:25
Some 300 civilians return to their homes in Syria's Homs governorate, E. Ghouta in past day - Russian Defense Ministry
 
09:18
 
09:11
Russian embassy hopes U.S. senators' Moscow visit to positively impact bilateral ties
 
09:05
INTERFAX RUSSIA AND CIS BUSINESS AND FINANCIAL NEWS
 
09:03
Mines, roadside bombs, explosive devices defused in Yarmouk in Damascus outskirts - Russian Defense Ministry
 
09:00
RUSSIA AND FSU GENERAL NEWS
 
08:16
Results of forex trading on Moscow Exchange on June 18
 
05:05
Russia political and economic calendar: June 19
 
June 18, 2018
 
22:02
China aims for 100,000 exchange students with Russia
 
21:51
Prosecutor General's Office seeking to strip deputy Belousov of immunity in connection with inquiry against ex-Chelyabinsk governor Yurevich - lawyer
 
21:44
Russian embassy urges British authorities to end Border Force's prejudiced treatment of Russian citizens
 
21:28
 
21:25
Four foreigners, who came to Moscow for World Cup, arrested on suspicion of committing crimes - FSIN rep
 
 more headlines 



Interviews
 

.
UK Ambassador to Russia Laurie Bristow has given an interview to Interfax in which he speaks about the level of cooperation with Russia as part of preparations for the FIFA World Cup, his expectation as to the number of British fans who will come to Russia and other aspects of preparing for the tournament.

more
.
.
The director of the Executive Committee of the SCO Regional Anti-Terrorist Structure, Yevgeny Sysoyev, gave an interview to Interfax in which he discussed threats that Russia and the world face in the light of ISILs transformation, as well as the structures achievements in the fight against terrorism.

more
.
.
Ahead of his visit to Moscow newly-elected Austrian Chancellor Sebastian Kurz has given an interview to Olga Golovanova for Interfax. In the interview he speaks about his expectations from the upcoming meeting with the Russian president, his vision of solving the energy-security problem in Europe, the migration crisis, and explains conditions under which some sanctions could be lifted from Russia.

more

 
  
 ©   1991—2018   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100