The volume of hard currency credits allocated by Russian banks by May 1, 2002 amounted to about $19.23bn, or 606.428bn rubles, the department for external and pubic relations of the Russian Central Bank reported. This was 41.44bn rubles ($1.31bn) more than as of April 1, 2002 and 111.428bn rubles ($3.53bn) more versus the beginning of this year. The Central Bank's department specified that credits to individuals made up 17.475bn rubles ($554m) and credits allocated to other domestic banks reached 118.992bn rubles ($3.77bn). In addition, 421.719bn rubles ($13.38bn) in credits were allocated to enterprises and organizations. The majority of credits were provided for 1 to 3 years.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.