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. Last Updated: 07/27/2016

Bank Lending Up in May

Bank lending rose 0.8 percent in May, Central Bank board member Alexei Simanovsky said Thursday, Interfax reported.

Corporate loans increased 1.9 percent in the period, while loans to households jumped 1.2 percent, the Moscow-based news service said. Retail bank deposits added 1.7 percent, he said.