Page 76 - RusRPTJul20

8.1.3​ Deposits
April brought a decline in corporate funding (-3.2% m/m) due to the self-isolation regime.​ In contrast, corporate lending increased 1.9% in monthly terms, likely due to the launch of state-subsidised loan programmes. Lending growth was mostly attributed to the ‘Big 4’ banks, which accounted for RUB367bn out of the overall RUB488bn increase.
76​ RUSSIA Country Report​ July 2020 ​ ​www.intellinews.com