According to the data provided by Russian Central Bank, a size of indebtedness of Russia’s construction companies to banks amounts to 2,18 trillion rubles ($30,8 billion), as of the 1st of October 2016, The Rating Agency of Construction Complex announced on Monday.
The Agency notes that 27% of this amount accounts for foreign exchange liabilities.
Experts claim that practically half of the entire credits portfolio accounts for Moscow (49,7%), the capital city of Russia is followed by the Republic of Udmurtia and Saint Petersburg (8,1% each).
A total of 1,1 trillion rubles of credit funds has been allocated to the country’s construction companies over the period of the last nine months this year. This is 14% more than this figure last year.
