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State companies loan management to be balanced — Putin

"On such basis, the skillful and responsible, I would say, the balanced approach in management of the loan portfolio of companies with state participation should also be applied," the Russian leader noted

MOSCOW, December 23. /TASS/. The loan portfolio of companies with state participation should be balanced and catering for investment programs of companies, Russian President Vladimir Putin said at the meeting on economic issues.

"A separate topic deals with the debt burden of companies with state participation. As I have already noted, it has increased recently. It is important to take into account investment programs of state corporations in this regard and their role in balancing the entire market of corporate lending," the president said.

"On such basis, the skillful and responsible, I would say, the balanced approach in management of the loan portfolio of companies with state participation should also be applied," Putin added.