In this regard, banks notified borrowers from the IT sector

[tanjimajuha20]

Since December 1, 2023, several dozen Russian IT companies have received letters from Sberbank and, according to only one source, VTB Bank about switching to a standard rate instead of a preferential loan. According to the banks, the Ministry of Digital Development, Communications and Mass Media of the Russian Federation sent them a letter refusing to provide a subsidy for the implementation of the program based on subparagraph "g" of paragraph 25 of the Russian Government Resolution of December 5, 2019, No. 1598. This paragraph states that "the basis for refusing to provide a subsidy to an authorized bank is the lack of budget commitment limits communicated in the prescribed manner to the Ministry of Digital Development as the recipient of federal budget funds."

about the establishment of a jamaica whatsapp number database standard rate under the loan agreement. At the same time, Sberbank stated that the Ministry of Digital Development refused to provide subsidies from 01.10.2023, so it requires each IT company to compensate for property losses for October and November within 10 days from the date of receipt of the letter (in accordance with Article 406.1 of the Civil Code of the Russian Federation).

The document in question is Government Resolution No. 1598 of December 5, 2019 "On approval of the rules for providing subsidies from the federal budget as part of support for projects to transform priority sectors of the economy and social sphere based on the introduction of domestic products, services and platform solutions created on the basis of "end-to-end" digital technologies, using preferential lending."

A representative of the press service of the Ministry of Digital Development denied ComNews the information that the ministry had stopped subsidizing and the program of providing IT companies with preferential loans. "163 projects have already received support, and the total loan portfolio for them is 82.3 billion rubles. For 2024, 4.1 billion rubles have been allocated in the budget to subsidize the preferential rate on loans," the employee of the press service of the department clarified.

Under the preferential lending scheme for the IT industry, the Ministry compensates the bank that issues the preferential loan for the difference between the reduced rate paid by the loan recipient and the Central Bank's key rate. In September and October 2023, the Bank of Russia raised the key rate, which caused the Ministry of Digital Development to overestimate the financing of preferential IT loans. Because of this, the Ministry of Digital Development is forced to transfer a larger amount on loans already issued to cover the banks' lost income.