Arrears on loans in construction and air transport reached 19% and 24% respectively


Moscow. October 21. Arrears on loans to the construction reached 19%, in air transport – 24%, said the head of the Central Bank Elvira Nabiullina at the meeting of the state Duma on Wednesday.

“A high proportion of overdue debt: respectively 19% and 24%, these are very high numbers. This means that the most difficult loans to recover in those industries, which in previous years had accumulated a maximum debt load”, – said Nabiullina.

This requires special attention to the problems of bad debts, financial recovery of enterprises of the real sector of the economy, said the head of the Central Bank.

According to her, construction and air transport is “those industries which have their greatest leverage and credit risk”.