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8.1.2 Loans
The corporate portfolio of credit organizations showed a significant growth for the third month in a row in April (up RUB0.6 trillion or 1.4% y/y), although more moderate compared to March (RUB1 trillion, or 2.6%).
The growth occurred against the backdrop of a decrease in cash flows of companies (according to weekly monitoring of industry flows), a tightening of the bond market and expectations of tightening of non-price credit conditions.
77 RUSSIA Country Report June 2020 www.intellinews.com