Delay in Russian banks will be within 10%

Arrears Russian banks will be within 10% before the end of this year. This said Gennady Melikyan, first deputy chairman of Bank of Russia. "We have no reason to believe that outstanding debt will grow faster than it was in the beginning of the crisis, and it will be within 10% before the end of the year" - he said, speaking at the International Banking Congress. According to the Central Bank, May 1, overdue accounts for 4% of the total loan portfolio. On September 1, 2008 it has grown four-fold - from 1%. Bank, recognizing the continued growth of overdue debts, does not believe that it will go beyond 10% by the end of this year. Bank.ru portal based on RIAN.