Корпоративное кредитование в январе-августе 2022 г. (Corporate Lending in January-August 2022)

The resilience of the Russian banking system on the back of the surplus of liquidity and capital security allows banks to expand supply on the corporate lending market amid the worsening issues of Russian business. An important role in maintaining the high rates of corporate lending was played by the monetary policy easing conducted by the Bank of Russia since April of this year. According to the results of 8 months of 2022, the overall growth in the volume of lending to legal entities did not significantly lag behind the previous year’s rates. The quality of the loan portfolio remains satisfactory; the share of overdue debts is decreasing compared to the previous crisis years