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Overall debt of top ten Russian cos down by 19 pct - Nabiullina

October 06, 2011, 14:28 UTC+3
Nabiullina also said that the overall loan debt of Russian households is lower than in many countries. It does not exceed 15 percent
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MOSCOW, October 6 (Itar-Tass) —— The corporate sector of the Russian economy feels better than three years ago, Economic Development Minister Elvira Nabiullina told the investment forum Russia Calling.

She said the overall debt of Russia’s top ten companies has been down by 19 percent, and the amount of currency borrowings, by 40 percent in dollar terms.

Nabiullina also said that the overall loan debt of Russian households is lower than in many countries. It does not exceed 15 percent.

 

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