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25 September, Monday

Ufa   °

Small and medium enterprises received loans totaling 91 billion rubles in Bashkortostan

Economy/Business

UFA, 13 February 2017. /Bashinform News Agency, Olga Murtazina/.

Small and medium business of the republic received loans totaling 91.1 billion rubles in 2016, the National Bank in Bashkortostan Republic reported. The volume of lending decreased in comparison with 2015 by almost 6 percent (national decrease was 3 percent). The loans receivable balance increased compared to 2015 by almost 60 percent and amounted to 117.7 billion rubles (decline of 8.5 percent over the country). The volume of overdue loans in this segment decreased by 0.8 percent and as of 1 January 2017 amounted to 5.5 billion rubles. The share of overdue loans to small medium-sized businesses was 4.7 percent.

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