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notwithstanding a sizeable drop in the issuance of soft loans at 7% p.a. Corporate lending rose at a relatively weaker pace of 0.7

year rose to 8.86% p.a., and that on long-term loans remained level with the previous month (8.52% p.a.). Further details are

decision to raise the key rate by 25 bp to 6.75% p.a. The Credit Institutions section presents a review of the key indicators

financing of sizable expenses: purchase of programmes rates are down to 3% p.a.). cars, down payments under mortgage loans. Apart from a prudent approach

The Bank of Russia increases the key rate by 25 b.p. to 6.75% p.a. On 10 September 2021, the Bank of Russia

regular session is set for the period from 8:00 p.m. to 9:00 p.m. Moscow time, when only a limited list of

in August (+4.4 p vs July) 110 (Chart 4). The expectations index increased 100 most of all (+4.9 p). The present situation index