Over 600 million rubles of preferential loans were received by entrepreneurs of the Republic of Tatarstan in the first quarter of 2019.
In the first quarter of 2019, the Guarantee Fund of the Ministry of Economy of the Republic of Tatarstan issued 600.6 million rubles under the program of preferential loans. The program, launched at the beginning of 2019, is aimed at reimbursing loan income that was not received by small and medium-sized businesses. Funds allocated for targeted support should be directed to investment projects or replenishment of working capital.
“To stimulate investment activity, today we have many different measures involved. A new tool in this work - reimbursement of credit funds spent on business development, should be an additional strong argument in favor of this area of entrepreneurship”, said the Minister of the Republic of Tatarstan Farid Abdulganiyev.
The program with a preferential rate is designed for the period up to 2024.
Promsvyazbank PAO, Alfa-Bank AO, Kamcombank OOO, MSP Bank AO, Raiffeisenbank AO, ROSBANK PAO, Rosselkhozbank AO, Sberbank PAO, Sovcombank PAO, Bank VTB (PAO), AK BARS Bank PAO, AB Russia AO, KBER Bank Kazani OOO, Bank Gazprombank (AO), Bank Inteza AO, Energobank (PAO) became the participants of the program.