Announcement
02 Apr 2020
On 2 April 2020, the Russian government announced it will give USD 65 million in subsidies to local banks.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2020
Revocation date:
01 Oct 2020
Updated: 02 Apr 2020
Financial grant
On 2 April 2020, the Russian government allocated 5 billion roubles (USD 65 million) to the local banks, as a subsidy to compensate for the revenue foregone on SME loans that the government asked t...
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