Agriculture was included in the list of industries for providing credit holidays to small and medium-sized businesses

Representatives of small and medium-sized businesses in 2022 will be able to take advantage of credit holidays - take a deferral of loan repayment or reduce the amount of payments during the grace period. The main condition is that the entrepreneur must work in one of the industries, the list of which was approved by Government Decree No. 337 of March 10, 2022.

These industries include agriculture, science, education, healthcare, culture, hotel business, sports, catering, wholesale and retail trade, and services. Also in the list there are more than 70 OKVED codes (All-Russian classifier of types of economic activity).

The list was compiled taking into account Western sanctions imposed on RUSSIA and proposals from business representatives.

Financing of the agro-industrial complex proposed to be increased by 242 billion rubles

Borrowers who signed a loan agreement before March 1, 2022 will be able to apply for a loan holiday. You can apply for a deferment or reduction in payments until September 30, 2022. The maximum term of credit holidays is 6 months.