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

Russian Banks will get Compensation for their Lost Revenues
31.10.2018 00:10
Russian Banks will get Compensation for their Lost Revenues

In 2019, the state plans to allocate up to 7.2 billion roubles for compensation of Russian banks for their lost revenues upon concessional lending to small and medium-sized businesses in priority sectors. This amount is 11 times larger than that allocated this year (635.5 million roubles).

      This sum is included into the draft federal budget for 2019 and the subsequent  years 2020-2021. The funds included into budget this year enable banks to issue concessional loans for the amount of 20 billion roubles; next year this amount may grow up to 200 billion roubles.

      In general, the state plans to increase the amount of funds paid for compensation of incomes lost almost ten times in six years:  in 2024 the indicator should reach 66.6 billion roubles. In the next year the access to concessional lending may be granted to non-priority sectors as well.

      Find More about Business in Russia


Author: Anna Dorozhkina

Tags: Russian banks Russian business    

Next Previous

You might also find interesting:

Digital Innovations Centre by Gazprom Neft
Investors have Allocated $ 65 Million to Russian Funds over the Past Week
Amendments to the Law On Currency Regulation and Currency Control have been Drafted
The Board of Directors of Aeroflot PJSC Elected Vitaly Savelyev as its General Director
Russian National Standard for the Development of Mobile Applications

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
society  corruption in Russia  Tomsk airport  Russian places of interest  Mercedes-Benz Fashion Week Russia  Siberia  Zenit FC  Fairy-tale map  Kantemir  Christmas Tree  Andrei Makarevich  tourism  Russian Premier League  Altai  Alexander Pushkin  St. Petersburg  Russian history  Industrial Tours  Archeology  Sex Pistols  Astrakhan Region  Russian Literature  Slovo festival  New Medicines  Russian singers  Danolov  Russian Film Directors  Music festival  Heroic Feats  Moscow  Krasnoyarsk  Russian Cinema  Emir Kusturica  Sukhoi Superjet 100  Russian tourism  International Cinema  Russian Film Distribution  Russian customs  Paleontology  Republican Party of Russia  Russian radio stations  Volgograd  Baikonur  animation  International Rating Agencies  advertisement in Russia  Moon   Pskov  Exhibitions in Moscow  Russian business 

Travel Blogs
Top Traveling Sites