Volume of long-term loans given by CreditUralBank to sole traders decreases by 15.5% throughout January to June 2006, reports Central Bank of Russia

According to the Central Bank of Russia, the volume of long-term loans (given for a term of 3 years or more) given by CreditUralBank JSC to sole traders has gone down by 15.5% within the first six months of 2006.

At the beginning of the year, the bank’s loan portfolio (as far as sole traders were concerned) was worth 3, 083,000, 000 RUR, whereas it came to only 2,667,000,000 RUR on June 1, 2006.

There also appears to be a decrease in the volume of short-term loans (given for a term of 1 to 3 years) from 86,450,000,000 RUR on January 1, 2006 to 84,664,000,000 RUR on June 1, 2006.

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