Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Bank of Russia has Conducted a Survey of Microlenders
31.07.2018 16:51
The Bank of Russia has Conducted a Survey of Microlenders

The Bank of Russia has conducted a survey of microlenders that provide funds to small and medium-sized businesses.

      According to the survey results, more than 70% of small and medium-sized entrepreneurs take microloans to cover cash shortages.

      Read More Articles on Doing Business in Russia

      "The main types of collateral for micro-loans issued to small and medium-sized businesses by microlenders are cars (30-50%, depending on the type of organization) and real estate (30-40%). The share of unsecured microloans of commercial microlenders makes up about 40%, almost all loans have collaterals in non-commercial organizations”, as the message of the press service of the Central Bank said. An average loan size in the sector of small and medium-sized businesses amounted to 820 thousand roubles in 2017; as of the beginning of this year, small and medium businesses accounted for about 24 billion of debts in the total portfolio of microlenders - 21%.


Author: Anna Dorozhkina

Tags: Russian business Legal Services in Russia    

Next Previous

You might also find interesting:

New Tax Law for Entrepreneurs in Russia Comes into Force
SPIEF 2018: The Russian Capital Market
The Vkusvill Chain of Stores is Discussing the Possibility of an IPO
The Growth Rate of the Catering Market Accelerated in 2018
The Level of Quality of State Business Regulation in Russia Decreased

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
Shakespeare  Architecture Monuments  Rossiya-1 TV channel  Museums of Vologda  airport transfer in Russia  St. Petersburg  Historical Exhibitions  Fyodor Bondarchuck  Volgograd  Russian Literature  Most Beautiful Moscow Buildings  Rock'n'roll  Novomichurinsk  Russian politics  Russian tourism  Intel ISEF  Alisher Usmanov  Contemporary Arts  Mercedes-Benz Fashion Week Russia  Nartkala  Joseph Stalin  How to Get to the Rostov Arena Stadium  Theatre Festivals  Russian art  Verkhoturye  Gzhel Ceramics  Russian business  Film Festivals in Russia  Exhibitions in Moscow  Krasnoyarsk Region  Pyotr Yershov  Moscow  Archeology  Russian Museums   Vakhtangov Theatre  Russian schools  Fabio Capello  Monuments in Omsk  Russian religion  Russian Cinema  Russian sports  Russian history  waterfall  Barrows  Russian Olympic winners  Russian tourists  Web  Elections 2012  Fashion  Perm Territory 

Travel Blogs
Top Traveling Sites