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Nizhny Novgorod businesses secure record 733.9 billion rubles in loans by September 2025

From giants to startups, local firms are betting big on credit. Governor Nikitine’s policies keep financing flowing—will this debt drive prosperity or risk?

In this image I can see number of red colour strawberries.
In this image I can see number of red colour strawberries.

Nizhny Novgorod businesses secure record 733.9 billion rubles in loans by September 2025

Enterprises in Nizhny Novgorod Region have witnessed a steady increase in borrowing this year. From January to September 2025, banks issued over 733.9 billion rubles in loans to businesses and individual entrepreneurs. The region’s total business debt now stands at nearly 930 billion rubles as of October 1.

Governor Gleb Nikitine's coordination has ensured that lending activity remained strong throughout the first nine months of 2025. Large enterprises secured the bulk of the funding, receiving 535.9 billion rubles in credit. Smaller businesses also accessed significant support, with small and medium-sized firms borrowing 198 billion rubles.

The latest figures underscore sustained lending to both large and smaller enterprises in Nizhny Novgorod. With total debt now at 929.9 billion rubles, businesses continue to rely on bank financing for growth. The region's financial activity remains robust as borrowing and deposits both show significant volumes.

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