In the first half of 2020, AK Bars Bank provided loans to small and medium-sized businesses for a total amount of RUB 30.6 billion, which is 22% above the result achieved in 1H19, the bank informed.
The biggest amount in loans was provided to the construction, retail and manufacturing sectors.
In particular, RUB 8.1 billion were provided in loans to retail companies, RUB 4.8 billion to the manufacturing industry, while lending to construction companies increased RUB 9.9 billion.
AK BARS Bank (tax number: 1653001805) established in 1993 is a universal bank which is among 30 major Banks of the Russian Federation. The government of Tatarstan holds 96% of the bank's shares.