VUZ-Bank: SMEs keep borrowing

October 11, 2013. VUZ-Bank reports a slight increase in the amount of loans offered to SMEs. This means there is no decline in the small and medium enterprises' borrowing behavior, the bank's press service reports.

Despite a bit of a downfall on the lending market in 2013, 13% more loan applications were submitted in the first half of the year than a year earlier.

Nevertheless, VUZ-Bank lending management experts forecast that in late 2013 and early 2014, the borrowing rate will go down a little, which has to do with both the overall saturation of the market and the economic situation in the country, that is, the slowing down of economic development.


Other materials on the topic::