-

Corporate Lending in January-October 2020

Sergey A. Zubov – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Сandidate of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Amid the pandemic, Russian banks adapted to new conditions and kept increasing lending volumes. A pickup in the corporate segment is facilitated by state support measures for business, the Russian Central Bank’s regulatory policy and record-low interest rates. The overdue debt ratio remains stable, however, as regulatory easing measures cease to be in effect credit institutions may face overdue debt growth.

Key words: Russian banking sector, corporate lending, Bank of Russia, pandemic.