Template-Type: ReDIF-Article 1.0
Author-Name:Khromov Mikhail
Author-Name-First: Mikhail 
Author-Name-Last:Khromov 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: CONTRACTION OF CORPORATE LENDING
Abstract: In 2015, the volume of loans extended by banks to enterprises and organizations drastically declined. The volume of new loans granted during the year plummeted, while the amount of debt owed to the banking sector by corporate borrowers remained practi cally unchanged. The decline rate of credit extended to big businesses was lower than the overall median, and the quality of their accounts payable was higher than the average, while the small and medium-sized business borrowers that had shown a considerable laxity of repayment discipline were much less able to secure bank loans. 
Classification-JEL: O11, G28
Keywords:  Corporate lending, Russian Economy
Year: 2016
Issue:4
Month: April
Pages: 7-10
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-4-605.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-4-605