Sberbank Experts Named Most Promising Investments

The South-West bank brand of Sberbank outlined the most promising sectors of the economy of southern Russia and the North Caucasus for investments. The bank discussed the main trends in financing investment projects, the assessment of credit risks, state support, and other issues with 140 clients at the video conference, 1rnd reports. 

It is noted that Sberbank occupies a leading position in terms of investment in the economy of the Southern Federal District and the North Caucasus Federal District Sberbank acts. According to the company’s press service, every third enterprise operating in the districts is serviced by the bank. The corporate loan portfolio of Sberbank in the first half of the year amounted to 532 billion rubles, showing an increase of 8% compared to the same period last year.

The leading sectors in the bank’s portfolio are construction and agribusiness. It is specified that the agro-industrial complex portfolio is 158 billion rubles. The loan portfolio for the construction of residential real estate is 51 billion rubles, and the bank’s share in the lending market using escrow accounts is 82%. The bank’s plans also include the implementation of project financing for multi-apartment housing, the construction of which involves social infrastructure facilities.

Ru-Main, 26.07.2020

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