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8.1.4 NPLs
8.1.5 Liquidity, NIMs & CARs
Credit quality is generally stable. In September, there was a decrease in corporate overdue debt by RUB47bn, down -1.6% m/m, mainly for individual large borrowers, including in connection with restructuring.
In the retail portfolio, overdue debt also decreased down -RUB6bn, or 0.6% m/m, mainly as a result of write-off at the expense of reserves.
Liquidity: In September, the volume of liquid assets (cash, claims on the Bank of Russia and unsecured market collateral) did not change and remained at the level of RUB15.2 trillion, sufficient to cover 31% of total customer accounts in.
Another RUB5.3 trillion, sufficient to cover 11% of customer funds, are available from the Bank of Russia loans against the collateral of non-marketable assets (loans that meet the requirements of the Bank of Russia).
Despite the inflow of foreign currency funds of legal entities, the volume of liquid assets of credit organizations in foreign currency decreased slightly by $1bn to $51bn, including due to the conversion of part of foreign currency funds into within the framework liquidity management operations of banks.
95 RUSSIA Country Report November 2021 www.intellinews.com