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Russia: VEB.RF and SME Corporation launch joint RUB 20 billion loan guarantee program supporting urban economy projects of SMEs

Description

On 18 June 2025, VEB.RF and SME Corporation launched a joint "umbrella" loan guarantee program worth RUB 20 billion (USD 254.51 million) for private banks issuing loans to SMEs active in the "urban ec...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Jun 2025

Revocation date

31 Dec 2025

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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