Sverdlovsk Region: Likely Bankrupts Owe Banks 1.7m RUR+

UrBC, Yekaterinburg, September 14, 2017. 25,700 potentially bankrupt individuals are based in Sverdlovsk Region as of the first half of the year, analysts say. This comes to 1.6% of all borrowers with local banks, United Credit Bureau’s press service says.

Analysts say private individuals who owe banks over 500,000 RUR and haven’t been repaying their debt for ninety days or longer are seen as potentially bankrupt under the current personal bankruptcy legislation.

Sverdlovsk Region is currently among the Russian territories with the greatest number of potential bankrupts, in absolute terms. Moscow is No.1 (115,000 people), while Saint Petersburg and Leningrad Region come second (44,000 people), followed by Krasnodar Territory (29,000 people).

According to the Bureau, Sverdlovsk Region’s potentially bankrupt individuals owe Sverdlovsk Region-based banks 1,741,700 RUR.


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