ANNOUNCEMENT 22 Jul 2009In July 2009, the government of the Russian Federation announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
1st G20 UNCTAD WTO report
13 2008 . N 173-
On 22 July 2009 entered into force Federal Law of 17 July 2009 N 168-FZ. It stipulates that the state Vnesheconombank may provide subordinated loans without collateral to Russian credit organisations. Loans may be issued until 31 December 2010. The loan maturity is up to 31 December 2020. The interest rate is set at 9.5 percent.
The total amount of subordinated loans granted by Vnesheconombank shall not exceed