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VTB increased funding for medium-sized businesses in Primorye in 5,5 times
Summarizing the results of 1 in the quarter of 2015, the credit and document portfolio for medium-sized businesses of the VTB regional office in Vladivostok grew by 14% and amounted to 9,9 billion rubles. Compared with the same indicator of 2014, the portfolio volume increased 5,5 times from 1,6 billion rubles, the press service informs VTB.
“The volume of loans issued in the first quarter amounted to 1,7 billion rubles. The funds were received by enterprises of export industries, - said Maxim Kostin, director of VTB's regional operational office in Vladivostok. “The key rate cut has revived funding, and we expect further decisions by the regulator to strengthen this trend.”
In the structure of the credit and document portfolio, following the results of the 1 quarter, enterprises are represented: the defense industry (58%), trade (13%), hotel services (6%), energy (11%), food (5%), transport and communications (4) %).