Preferential car loans in Russia will be supported by 10 billion rubles

The funds will be allocated by the Ministry of Industry and Trade

The Ministry of Industry and Trade plans to additionally allocate 10 billion rubles to support preferential car loans in Russia, said Anton Alikhanov, Minister of Industry and Trade of Russia.

According to him, the funds will be useful to AvtoVAZ and other domestic automakers.

We have decided to allocate about 10 billion rubles in order to additionally support preferential car loans.
Anton Alikhanov, Head of the Ministry of Industry and Trade

Alikhanov noted that the reduction of the key rate of the Central Bank is also important. The Minister noted that the key task now is to support car loans in the country.

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Sources
TASS

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