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Russia head says credit activity remains weak
December 16, 2016 / 12:18 PM / a year ago

Russia head says credit activity remains weak

MOSCOW, Dec 16 (Reuters) - Real interest rates in Russia remain high and credit activity is still weak, Russian central bank governor Elvira Nabiullina told a news conference on Friday.

She said that the situation with problem loans is gradually stabilising, and that the central bank was carefully monitoring retail lending. (Reporting by Alexander Winning and Andrey Ostroukh; Writing by Christian Lowe; Editing by Vladimir Soldatkin)

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