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Credit holidays approved for 800 entrepreneurs of Primorye

Credit holidays approved for 800 entrepreneurs of Primorye
Photo: pixabay.com

In the Primorsky Territory, more than 800 will be able to restructure their loans in the near future. Banks approved applications, of which more than 1,2 thousand were received since the beginning of the program.

According to the Far East General Directorate of the Bank of Russia, more than 250 applications are currently in operation, in 157 cases banks have refused entrepreneurs. The main reason is that SMEs are not included in the list of particularly affected sectors.

Last year, the volume of loans to businesses in Primorye increased by 64%, which is five times higher than the national figure. The debt of SMEs to banks amounted to 106,8 billion rubles. About 10 billion rubles of them belong to individual entrepreneurs.

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