Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Small Businesses will Get Interest-free Loans from Banks
8.04.2020 09:16
Small Businesses will Get Interest-free Loans from Banks

From April 8, small businesses will be able to receive interest-free loans from banks.  The Russian authorities instructed to accelerate the allocation of funds to banks for the issuance of interest-free loans to small businesses, Kommersant reports. Loans at 0% may qualify for companies belonging to the most affected sectors of the coronavirus epidemic. Interest-free loans will be issued for lending to the payroll fund.

      Sberbank, VTB, MSP-Bank, Promsvyazbank, Gazprombank, Alfa-Bank and Otkrytie will receive funds from the Central Bank. Starting on Wednesday, April 8, these banks will begin to issue money to entrepreneurs to support employment. It is reported that it is already possible to get a loan at Sberbank and VTB. The maximum loan size will depend on the number of employees in the company and the minimum wage for six months.


Author: Anna Dorozhkina

Tags: Russian business Russian banks coronavirus   

Next Previous

You might also find interesting:

Elementaree Delivery Service Raises $ 5 Million Investment
Potanin Became the Richest Russian Billionaire of the Year According to Bloomberg
Russian Museums Forecast Losses Caused by Pandemic
IKEA Launches a Joint Project with Social Entrepreneur Guzel Sanzhapova
An Incubator for Social Entrepreneurs

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Snegurochka  Sevsk  Monuments  travel to Russia  Russian Metro  Tourism and hospitality Forum   City Tours  Russian business  Triumphal Square  Russian theatre  Russian Poetry  Buryatia  Moscow Museum of Oriental Arts  Tegin  St. Petersburg Parks   Russian archaeology  Flights to Moscow  Mercedes-Benz Fashion Week Russia  Mistral  North Caucasus  Russian regions  Moscow Zoo  contemporary art  ENEA  Russian culture  Moscow  Festivals in Moscow  Russian communism  the Bolshoi Theatre  Concerts in Moscow  business investments in Russia  Golden Eagle Award  St. Petersburg  Moscow hotels  Russian Photographers  Messenger  active holidays in Russia  Barguzinsky nature reserve  Russian tourism  Vladimir Basov  tours to Russia  Tula Region  Belomorsk  Exhibitions in Moscow  Bell Ringins  Online Events during Quarantine  Russian Cinema  Architecture  Bakhrushin Museum  Karen Shakhnazarov 

Travel Blogs
Top Traveling Sites