It is reported by RIA Novosti.

It is noted that, under the terms of the loan, the company must have been operating for at least a year, the loan term - until October 1.

It is specified that the loan amount is determined based on the number of employees, multiplied by the minimum wage and multiplied by six.

A press release from Sberbank says that the credit institution has already issued the first such interest-free loan.

The bank’s deputy chairman, Anatoly Popov, noted that the potential lending for this program at Sberbank could amount to about 5 billion rubles.

Earlier, the head of the Department of Finance of the Russian Academy of National Economy and Public Administration under the President of Russia, Alexander Handruev, commented on the instructions of the Prime Minister of Russia Mikhail Mishustin on additional measures to support the country's economy.