Volume of short-term loans to sole traders given by Reserve, South Ural Bank of Social Development, goes down by 56% throughout January to May, reports Central Bank of Russia
According to the Central Bank of Russia, the volume of short-term loans to sole traders given by Reserve, South Ural Bank of Social Development, for a term of 181 days to a year has gone down from 10,000,000 RUR on January 1, 2006 to 4,400,000 RUR on June 1, 2006. Thus the loan portfolio is now 56% smaller.
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