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

Russian Crowdfunding Market Grew by 34% during 2018
26.03.2019 23:51
Russian Crowdfunding Market Grew by 34% during 2018

Russian crowdfunding market grew by 34% during 2018, exceeding the amount of 15.2 billion roubles. The Central Bank representatives think that the definition of crowdfunding includes funding raised by companies or individuals with the use of Internet platforms.

      In 2018, the market grew mainly due to an increase in the segment of small and medium business loans, which accounted for 96% of all funds raised. At the same time, the share of overdue debt also grew: in 2017 it made up 9.6%, whereas as of January 1, 2019, the share already grew up to 14.6%.

      The Central Bank, however, notes that “the regulator does not observe any tendency of a significant increase in overdue debts in the segment of financing small and medium business”. Market members point out that the growth of the overdue debts is associated with the development of the segment: new sites appear - these have not yet had time to gain experience, besides, new types of loans also emerge.

      Read More Articles about Russian Business

Author: Anna Dorozhkina

Tags: Russian business Russian banks Russian companies   

Next Previous

You might also find interesting:

AliExpress will Store and Send Orders from Russian Regional Sellers
AliExpress will Allow the Self-employed Opening Stores on the Site
Russian Delivery Market may Grow by almost 50%
All Fitness Centers and Pools are Closed in Moscow
Tinkov Lost Control of TCS Group after the Conversion of Voting Shares

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Aleksei German  Speranza Couture  obituary  poll  Festivals in Moscow  travel to Russia  Moscow  Elections 2012  The gun museum  Exhibitions in Moscow  mobile slavery  Moscow Aeroexpress   Flea Market  Tomsk  society  Painting  Vladimir Bekhterev  Wooden Architecture  Moscow World Fine Art Fair   Moscow Transportation  Korovin  Museum Fund of the Russian Federation  Russian Cinema  Olympic Games  Petroglyphs  Russian army  Russian business  Russian tourism  Sokolniki  Nizhny Novgorod  Awards  Volgograd  Novokosino  Alisher Usmanov  St. Petersburg  Urban Garden  Russian oil  Russian sports  Mercedes-Benz Fashion Week Russia  LGBT in Russia  the Crimea  Spleen  Russian politicians  Mikhailovskoye  Osip Mandelstam  Satellites  Russian regions  Victory Day  fountains in Moscow  Treasures 

Travel Blogs
Top Traveling Sites