Investments in Bashkiria's economy exceed attracted funds - National Bank

UFA, 28 November 2016. /Bashinform News Agency, Galina Bakhshieva/. Bashkortostan in the first nine months maintains a positive balance between invested assets and borrowings. In other words, investments in the republican economy exceeded the amount of funds attracted here. As of October 1, the balance amounted to 130.6 billion rubles, the press service of the Department - National Bank RB Ural Main Directorate of the Central Bank of Russia informs.

The total volume of loans to the economy of Bashkortostan, including businesses and individuals amounted to 448.2 billion rubles in January-September this year. This is 5.6 percent more than in the same period of 2015.

The loan balance of the economy decreased by nine percent compared with the last year and amounted to 623.2 billion rubles.

The share of overdue loans in the total amount of loan debt of the economy increased this year to 5.7 percent and reached 35.7 billion rubles by October 1. The nationwide figure was 7.7 percent.

The volume of loans granted to legal entities and individual entrepreneurs in January-September 2016 amounted to 322.8 billion rubles. This is 1.5 percent lower than in nine months of 2015.

The loan balance of legal entities and individual entrepreneurs amounted to 347 billion rubles as of 1 October this year, down by 15.5 percent compared to the same period of 2015. Throughout the country, the decline was 1.1 percent.