1 minute ago by Reuters1 minute ago by Reuters1 minute ago by Reuters1 Read (Reuters) – MOSCOW, June 30 (Reuters) – According to Central Bank Governor Elvira Nabiullina, growth in retail lending in Russia could reach 20% this year, and the risk of overheating in the sector is real because people’s incomes are growing at a slower rate. Nabiullina stated that the central bank was constantly monitoring retail loans and mortgages in order to avoid the formation of bubbles. (Elena Fabrichnaya, Andrey Ostroukh, and Alexander Marrow contributed reporting.) Continue reading
