The growth rate of Russian banks' claims on organizations slowed in August

The growth rate of Russian banks' claims on organizations slowed in August

The rate of growth of bank claims on enterprises in August slowed slightly, but remained high, retail loans accelerated considerably, according to the interpretation of the Central Bank of Russia on monetary conditions. "In August, according to operational data, the increase in claims on organizations slowed down a little, but remained high, and the increase in claims on the population, considering securitization transactions, accelerated significantly," the central bank notes.