27.11.2025, 18:59
The debt crisis has spread to the largest Russian companies
Source: OREANDA-NEWS
OREANDA-NEWS According to the results of the first half of 2025, the number of the largest companies in Russia experiencing difficulties in paying off debt obligations has increased significantly. This is reported in the new "Financial Stability Review" published on the website of the Central Bank (CB).
In January-June, 58.5 percent of the total corporate debt of Russian businesses was held by companies that are experiencing an increased debt burden due to the high key interest rate of the regulator. At the same time, in its previous report, the Central Bank predicted a decrease in this indicator to 34 percent by the end of the year.
By early July, the debt crisis had engulfed an even larger number of the largest Russian companies by capitalization. If at the end of the first quarter 13 leading enterprises were listed as problematic, by the end of the second quarter their number reached 17. Some of them may face bankruptcy in the foreseeable future. The Central Bank did not disclose which companies it was talking about.
The protective key rate is becoming an increasingly serious problem for domestic businesses. This has been repeatedly stated by the head of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin. He called the optimal level for business below 10 percent per annum. The key rate is currently set at 16.5 percent. With such a high level, the availability of loans for businesses becomes extremely low, which affects, among other things, the investment climate in the country. There is no reason to expect a quick revival of business activity in the current realities, the head of the Russian Union of Industrialists and Entrepreneurs stated.
In January-June, 58.5 percent of the total corporate debt of Russian businesses was held by companies that are experiencing an increased debt burden due to the high key interest rate of the regulator. At the same time, in its previous report, the Central Bank predicted a decrease in this indicator to 34 percent by the end of the year.
By early July, the debt crisis had engulfed an even larger number of the largest Russian companies by capitalization. If at the end of the first quarter 13 leading enterprises were listed as problematic, by the end of the second quarter their number reached 17. Some of them may face bankruptcy in the foreseeable future. The Central Bank did not disclose which companies it was talking about.
The protective key rate is becoming an increasingly serious problem for domestic businesses. This has been repeatedly stated by the head of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin. He called the optimal level for business below 10 percent per annum. The key rate is currently set at 16.5 percent. With such a high level, the availability of loans for businesses becomes extremely low, which affects, among other things, the investment climate in the country. There is no reason to expect a quick revival of business activity in the current realities, the head of the Russian Union of Industrialists and Entrepreneurs stated.
Комментарии