Wednesday, June 1, 2011

Lending rates drop to 8%

In April - May Savings Bank to cut rates on loans and deposits. This was stated by the head of Russia's largest bank, German Gref at a conference at the Higher School of Economics. As regards, in general, the banking market, Gref believes that this year's lending rates in the Russian economy will fall to 8%. While today the average rate - 15%. According to Gref, much will depend on inflation.

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