14 May 2014, Wednesday, 13:08

Growth trends are marked in Bashkortostan banking system development - ACFORB

author: Elvira Latypova

The situation in the banking sector of the republic is stable. According to the results of the first quarter growth is marked in the main directions of regional banking system development. It was said at the enlarged meeting of the Council of Bashkortostan Association of Credit and Financial Organizations (ACFORB).

According to ACFORB, as of April 1, 97 credit organizations with 1549 points of banking services operate in the republic. In the first quarter netted assets of banks increased by 6.2 percent at Russia's total index of 3.4 percent. The growth rate of credit investments in the republican economy (113.9 percent) also exceeds across Russia level (103.7).