Moody's said what will happen to deposits and loans in 2021
January 4, 2021
MOSCOW, 4 Jan – PRIME. In Russia in 2021 there will be no major changes in lending and deposit rates, however, the growth rate of mortgage loans will decrease. According to Olga Ulyanova, vice-president of the international rating agency Moody’s, by the middle of the year the Central Bank will roll back all concessions provided to banks in connection with the crisis. It is reported…