An archive photo
MINSK, 31 October (BelTA) – Belarusian banks continue to actively support the economy with the national currency, BelTA learned from the National Bank of Belarus.
The total increase in loans granted to legal entities and natural persons amounted to 14.6% year-on-year as of late September, including 20.4% in Belarusian rubles and 1.7% in foreign currencies (U.S. dollar equivalent).
Corporate ruble loan growth continues to exceed growth in lending to individuals. The annual increase in debt on loans issued to legal entities in the national currency stood at 22% as of late September, versus 18.1% for natural persons.
The growth of long-term corporate ruble loans was fastest. Liabilities in long-term ruble loans increased by 32.7%, with liabilities in short-term loans up by 11.1%.
