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The share of loans in the assets of Russian business exceeded half

The analytical service of the international audit and consulting network FinExpertiza said that over half of the assets of Russian business are formed from debt. The service conducted an appropriate study, writes TASS.

The share of loans in the structure of assets of large and medium-sized enterprises of the Russian Federation at the end of September 2021 amounted to 51.1%. The trend, when most of the property of a business is formed through debt financing, has been observed since the beginning of the pandemic, experts emphasized.

FinExpertiza also indicated that the most financially independent businesses are in the Khanty-Mansiysk Autonomous Okrug, where the share of own funds is 80.8%. There are also other regions that are less likely to use loans for commercial purposes: Sakhalin Region (78.6% of their funds), Komi (72.8%), Astrakhan Region (71.4%), Crimea (70.6%), Irkutsk Region (68.4%), Chukotka Autonomous Okrug (67.2%), Magadan Region (67.1%), Orenburg Region (66%), Vologda Region (65.6%).

Commercial companies are critically dependent on external financing in the following regions: Chuvashia (enterprises experience a deficit of own funds in the amount of 139.3% of the total assets), Ingushetia (-52%), Dagestan (-34.1%), North Ossetia (-27 .9%), Kabardino-Balkaria (-9.6%) and Chechnya (-2.4%).

Earlier it was reported that the Central Bank of Russia (CB) from January 24 will resume issuing loans as part of supporting lending to small and medium-sized enterprises, which have been most affected by restrictive measures during the pandemic.

The share of loans in the assets of Russian business exceeded half