Putin ordered the banks to lend to borrowers at a final rate no higher than 16%

Russian authorities require banks to lend to businesses and citizens in the amount of state aid received by the final rate to the borrower not more than 16%. On Wednesday, said Russian Prime Minister Vladimir Putin. At a meeting on economic issues the Head of Government noted that to increase lending to the real sector to banks receiving state aid, we introduce the following rules: "How much state aid received by the Bank, the same amount he would have to ensure that lending to the real sector and citizens." "And at a price no higher than the refinancing rate (currently 13% - Ed.) Plus three percentage points," - said Putin, adding that the period of credit should be not less than one year. Portal Bank.ru Materials Rihanna.