Putin described loan rates with word “Multimito”

Russian President Vladimir Putin during the straight line asked about lending to the business. He described a bet of 18 percent for business Word “Multimito”. The broadcast leads the first channel.

The entrepreneur from Surgut turned to the president, which complained that he could not receive effective financial support. “Banks offer a bet of 18 percent. Do not allow business to develop a small period of lending, high rates and availability of collateral,” he said.

Small and medium businesses really suffered, but support measures were taken, the president said. “To come for money – the case is simple, it is difficult to give them. However, for example, to remove the deposit would be dangerous, it could undermine the financial system, although it is strong,” the head of state believes.

/Media reports.