Sberbank reported a rise in overdue debt and a continued deterioration in the quality of its corporate loan portfolio. The bank’s CFO, Taras Skvortsov, said that for several months in a row there has been a steady trend of more loans falling into delinquency and a worsening financial condition among corporate clients.

#BankRossii #GermanGref #keyrate #corporateloans #MinistryofEconomicDevelopment #Sberbank

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As of September 1, the debt of Russians on installment plans for new buildings reached 1.5 trillion rubles, according to Dom.RF. This is roughly every sixth equity participation agreement, 6% of mortgage debt, and almost half of auto loan debt.

#BankRossii #equityparticipation #newbuildings #installmentplan #escrowaccounts

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