Gref reported to Putin on the program of business support in the Crimea

Sberbank has adopted a program to support businesses and citizens in Crimea and Sevastopol. This was reported to the President of Russia by the head of Sberbank German Gref.

A restructuring program has been adopted: deferred payments and credit holidays for both affected people and businesses are in effect for up to a year.

“Up to a year, we do restructuring, deferrals from payments, credit holidays and for people who suffered, their property suffered if damage to health, and for entrepreneurs, of course,” said German Gref, Chairman of the Board of Sberbank.

He stressed that the situation in Crimea is difficult and the bank will do everything possible to ensure that business will stand on its feet during this period of time.

Earlier it was reported that in the Crimea there are a number of measures to support small and medium-sized businesses in emergency situations. In particular, a business can get a preferential microloan for the purchase of generators. In addition, a moratorium has been imposed on penalties on principal and interest on loans in the microfinance fund.

Enterprises working in the tourism sector receive three minimum wages for each employee. For these purposes, 3.7 billion rubles were allocated from the reserve fund of the Government of the Russian Federation.