Banks could provide loans at 6% in the midterm - Ulyukayev
MOSCOW. Oct 23 (Interfax) - Banks could provide loans at 6% in the midterm, Alexei Ulyukayev, the First Deputy Chairman of the Central Bank, Alexei Ulyukayev, said.
"Of course, this is attainable in the midterm. For example, if we have an inflation rate under 4% a year, a rate of 6% for borrowers is realistic," he told journalists on Friday, adding that a midterm period would be no less than a three year period.