Corporate loan portfolio of Russian banks up 1.2% in July – Central Bank

TASS Russian News Agency | Aug 18, 2022 at 8:39 PM

MOSCOW, August 18. /TASS/. The corporate loan portfolio of Russian banks gained 1.2% in July, the Central Bank said on Thursday.

"The corporate portfolio increased by 600 bln rubles ($10 bln) (+1.2%) in July on account of a number of major transactions and owing to disbursements of about 160 bln rubles ($2.7 bln) within the framework of state programs to support systemic companies," the regulator said.

The corporate loan portfolio of banks moved up by 1.6 trillion rubles ($26.6 bln) in January - July of this year, up 3.1%, the Bank of Russia added.