Bashkortostan enterprises began to receive interest-free loans

The first 246 enterprises of Bashkortostan received approval for obtaining loans with a zero rate provided by the Russian government. The total amount of loans amounted to 660.3 million rubles. The proportion of positive decisions on applications from enterprises for participation in the state program for the preservation of jobs amounted to 71% of the number of applications reviewed or 40% of received. The National Bank of Bashkortostan gives such data as of April 29.

Enterprises and organizations receive targeted loans for salary payments and maintaining employment in the economy. They are issued to entrepreneurs working in coronavirus-affected industries for a period of six months. The loan amount is calculated on the basis of one minimum wage (today it is 12,130 rubles) for each employee in the company’s staff.

Besides, from March 20 to May 6, 1264 Bashkir entrepreneurs addressed to banks with a request for credit holidays. 775 of them have already been approved, 29 are being considered. According to their own programs, banks have currently restructured 618 loans.