Loans for 1,3 billion rbl. secured by of the Guarantee Fund were issued in Bashkiria for a year

Elvira Latypova

Loans for the total sum of 1294,4 million rbl. were attracted by the businessmen of Bashkortostan secured by the Guarantee Fund in 2012, the press-service of the Ministry of Economic Development RB informs.

423 subjects of small-scale business received microloans for 256,9 million rbl.– in one and a half times more than in 2011.

First ten applications for microloans granting at the expense of the Microfinancing Centre RB and secured by loan agreements at the expense of the Guarantee Fund were considered at the first session of the special commission of the Ministry of Economic Development RB headed by the Minister Alexander Maryin. The majority of applications were approved.

According to the information of the Ministry of Economic Development RB, total amount of funds of the republican infrastructure companies, formed for realisation of state programs to support small and medium business, exceed 1,2 billion rbl. Its greater part consists from the assets of the Guarantee Fund (567,4 million rbl.) and the Microfinancing Centre (246,1 million rbl.).

#loans granting #state support #small business

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