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VTB in the Khabarovsk Territory in the III quarter increased the volume of lending to medium-sized businesses in 3 times - EastRussia | Far East

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VTB in the Khabarovsk Territory in the III quarter has increased the volume of lending to medium businesses in 3 times

Khabarovsk branch of VTB notes a triple increase in lending to medium-sized businesses in the third quarter of 2017. Loans were issued for 11,8 billion rubles, the bank’s press service in the DFO said.

"We are increasing the volume of lending to medium-sized and large enterprises. Demand for funding is increasing, we also see the growing interest of business in state support programs - in particular, the programs of the Ministry of Agriculture and the Far East Development Fund, which significantly reduce the cost of financing. This shows the revival of the economy - the business is building development plans, increasing turnover, "- says the commentary of the corporation of VTB's corporate branch in Khabarovsk, Sergei Yakimov. It is reported that the total amount of loans of the branch amounted to 29,2 billion rubles, which exceeds the indicator of the same period last year by 2,4.

In January-September, the branch issued loans for 57,2 billion rubles. (an increase of 1,5 times). Including loans to medium-sized businesses amounted to 22,1 billion rubles. (an increase of 1,4 times).

The loan and document portfolio of Khabarovsk branch of VTB for 1 October amounted to 98,7 billion rubles. (growth of 20%). Of these, the portfolio of medium-sized businesses - 27,3 billion rubles. (growth of 27%). In the structure of the credit and document portfolio, the main part is made up of manufacturing industry (66%), trade (10%), agro-industrial complex and food industry (5%), mining and metallurgy (5%), energy (5%).