Russian banks lending

RUSSIA / FSU POLITICS - In Brief 27 Mar 2020 by Alex Teddy
Sberbank and VTB announced on March 26 that they are lending money to small businesses to pay salaries. In some cases these will be zero % interest. First Deputy Prime Minister Andrei Belousov helped persuade the banks to do so. The loans will be issued on March 30 and last for up to 6 months.

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