The law was approved by the Federation Council on February 22
MOSCOW, February 25. /tass/. President Vladimir Putin has signed a law aimed at creating conditions for reducing loan rates as part of the implementation of the state defense order. The document was published on Friday on the official portal of legal information.
The law was adopted by the State Duma on February 16 and approved by the Federation Council on February 22.
It provides for a ban on the accrual of interest to an authorized bank for the use of funds held in a special account under a state defense order. At the same time, authorized banks are obliged to provide preferential financing to the main executors and executors of the state defense order on the terms defined by an act of the Government of the Russian Federation, including the amount of attracted credit resources, the conditions for their return, as well as requirements for the financial situation of borrowers and their solvency.
The document entered into force from the date of its official publication.
