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Business / Finance

Alfa-Bank joined the business loan program for the resumption of activities

News of Alfa-Bank 02.07.2020 at 10:01

The Motto of the press-service of Alfa Bank, efficiency, professionalism and constant readiness for a dialogue. Our friendly team is doing everything possible to provide you with relevant and reliable information promptly and to provide comments on the first persons and the Bank's experts.

Alpha Bank joined the business loan program for resumption of the activity that motivates employers to retain their employees. Under its terms if the borrower before March 1, 2021 will retain 90% or more of the staff, the loan and accrued interest will be fully repaid by state subsidies, while maintaining 80% of the state will be repaid half of the loan. And even under these conditions, the borrower received a deferment in the repayment of principal and interest until December 2020.

to support legal entities and individual entrepreneurs operating in the affected industries, the list of which is established by the Government of the Russian Federation. The loan amount depends on the number of employees of the organization.

"Alfa-Bank is actively involved in supporting small and medium business and doing everything to use all the features of state programs within available limits. We accept applications both from our customers and from customers of other banks who now need support. It is particularly important that measures intended not only to organizations and their employees that will support consumer demand and will contribute to the gradual recovery of economic activity", — said the member of the management Board, Director of the small and micro business of Alfa-Bank Denis Osin.

soft loan "at 2% per annum for the resumption of activities" issued to cover any documented costs of entrepreneurial activity. These include, in particular, the payment of salaries, servicing of previously obtained loans under the program "8.5 percent" and credits the support and preservation of employment. Funds cannot be spent on the payment of dividends, purchase own shares and shares in the authorized capital, to charity.

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