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How Moscow will help business struck by sanctions

... concessional basis Moscow has launched a program of concessional lending to businesses . It involves the provision of loans to SMEs at a rate of ½ of the key rate of the Bank of Russia + 5% points for the purpose of replenishing their working capital.... ... million rubles. There are separate lending programs for IT, industrial sector and science, as well as a city program of preferential factoring for both manufacturers and distributors who sell goods on a deferred basis. Preferential online lending to SMEs ...

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