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one-off nature. December’s increase was largely in long-term (more three years) exposures to non-residents,” Fitch said.
Notable increases in FC corporate lending to non-residents in December were reported by Credit Bank of Moscow ($1.5bn), Russian Agricultural Bank ($1.2bn), Alfa-Bank ($0.6bn), VTB Bank ($0.5bn), Sovcombank ($0.5bn) and VBRR group ($0.4bn).
86 RUSSIA Country Report March 2021 www.intellinews.com
