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Concessional lending for businesses approved by Sberbank exceeds 1 trillion rubles
The total value of loan agreements concluded under the programs exceeded 460 billion rubles, the bank said in a statement.
The largest amount (over 875 billion rubles) was approved under the lending program of the Ministry of Industry and Trade intended for too-big-to-fail businesses. The total value of agreements signed under the program is about 380 billion rubles.
Under the too-big-to-fail businesses support program of the Ministry of Agriculture, 93 billion rubles in loans were approved, and contracts worth 17 billion rubles were signed.
Under the SMB support programs, Sberbank approved about 90 billion rubles in loans, with the agreements worth over 70 billion rubles already signed.
Apart from that, Sberbank has restructured current contracts for small and micro businesses of about 50 billion rubles worth, and about 850 billion rubles – for other segments (medium, large, largest clients).