The Cabinet of Ministers allowed to lend to "daughters" of enterprises of the defense industry at a reduced rate

The decree on this was signed by Prime Minister Mikhail Mishustin.

“Loans for the entire period of the project will be provided by the VEB.RF Development Corporation and a number of other Russian banks.

Previously, only parent companies had access to such loans, ”the Cabinet of Ministers explained.

The minimum loan amount will be 0.5 billion rubles, the rate - from 5% per annum.

Companies planning projects with a budget of 1 billion rubles or more will be able to count on these conditions, while other banks can set their own lending conditions.