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Sberbank asks to increase the state loan program to support employment

Sberbank asks to increase the state loan program to support employment
Photo: pixabay.com
After the appeal of Sberbank with a request to increase the limit on the state loan program for entrepreneurs to support employment, the head of the Bank of Russia Elvira Nabiullina said that such an increase is justified. According to her, the demand will certainly exceed the previously established limits.

According to the edition Bankir.ru, a request was made to the government by Sberbank. According to the Deputy Chairman of the Board of Sberbank Anatoly Popov, the state loan program at 2% aroused great interest among our customers and significantly exceeded initial forecasts. In just five days, the bank received applications worth one and a half times the limit of 95 billion rubles.

 The request to expand the program was also evaluated by the president of Opora Rossii, Alexander Kalinin. According to him, entrepreneurs have been hit hard by restrictive measures because of the coronavirus, and the soft loan program helps them maintain jobs and restore activity. It is necessary to expand the program by at least 400 billion rubles, according to his calculations.

The program started only on June 1. Subject to the preservation of the staff, the state will repay from 80% to 100% of the loan. According to the Ministry of Economic Development, agreements have already been concluded with banks for 200 billion rubles out of 250 billion stipulated by the program.
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