Alexander Vedyakhin, First Deputy Chairman of the Board of Directors of Sberbank, told reporters at the Financial Congress of the Central Bank of Russia that in the six months of this year the number of bankruptcies in Russia decreased by 40 percent.
“According to Sber’s analysis, the number of bankruptcies in Russia in the six months of this year decreased by 40% to 3,115. In the same period of last year, there were 5,190 people. The dynamics among Sber’s customers are generally all-Russian,” Vedyakhin told the press The service was transferred by the financial institution.
According to him, there is a steady trend towards a decrease in the number of cases of bankruptcy of legal entities in Russia. Alexander Vedyakhin noted that one of the reasons for this was measures of state support for business.
Earlier, First Deputy Chairman of the Board of Sberbank during the Financial Congress registeredHe says that the capital market needs to be developed in order to provide long money to the economy.
“The long-term money needs of the economy are measured in tens of trillions of rubles. Banks do not have such money capacity, so many projects will be difficult to implement before the capital market develops,” he said.