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:

The Russian Startup BestDoctor Attracted the Investment of $ 3 Million
5G Laboratory for Startups
Russian Shrinkflation
The Highest Outflow of Foreign Money Recorded in Russia
The New Version of the Draft Law on Electronic Employment Records has Become Known

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Flemings  Russian business  Fashion  Irina Prokhorova  Ukraine crisis  Gelendzhik  Moscow  Moscow Transportation  Veliky Novgorod  Russian sportsmen  travel to Russia  Museum Fund of the Russian Federation  Tretyakov Gallery  AvtoVAZ   Victoria Tokareva  Festivals in Moscow  investment  Active Travel  Russian legislation  Yuri Gagarin  Lilac Museum  Exhibitions in Moscow  Nizhny Novgorod Region  Mercedes-Benz Fashion Week Russia  city tour  Russian Cinema  Moscow Art Theater in the name of Chekhov   Emile Galle  Monuments in Moscow  Russian regions  Gagarin Cup  1812  Kamensk-Uralsky  Yakutia  St. Petersburg  Street Art  Pskov Region  FIFA world cup 2018 tickets  Olympic Games 2012  Russian tourism  Russian roads  cancer treatment  Valentin Kataev  Maya Plisetskaya  Russian Navigation  Lev Durov  Leonid Sologub  Alexander Pushkin  Spartak  Russian biologists 

Travel Blogs
Top Traveling Sites