Mishustin has actively urged banks to issue interest free loans for salaries

“At the moment are already in the program, five banks, and the remaining 25 will go down in the near future”, – said the head of the Cabinet at a government meeting. Now on consideration in banks, he said, are bids for more than 3.5 billion rubles and the program is designed for 150 billion. 75 per cent of such loans the state will provide guarantees of the state Corporation “VEB.Of the Russian Federation”.

I’ve repeatedly asked banks, managers of financial institutions to pay attention to this measure as fast as you can to join this program – said Mishustin.

Minister of economic development Maxim Reshetnikov said that the banks in the program had to actively drum up. “Of course, for the banks it is unprofitable, as the administrative costs of banks have to take,” he said. Last week with the participation of first Deputy Prime Minister Andrei Belousov credit institutions due to their slowness had a hard conversation, and the situation has moved from a dead point: the number of loans has doubled, new banks are ready to join the job.

Which means a loss or not? interrupted Minister Mikhail Mishustin. Is the order of the President, which we have discussed many times, and did absolutely all of the conditions according to which banks should issue. Please make a daily monitoring of the way in which it is executed.

the Minister agreed that now the most important is to establish control over the implementation of programs. “The banks also own bureaucracy and its hierarchy, sometimes it is even more cumbersome than in other areas,” he said, promising to be very hard to follow their work.