18.02.2026, 21:24
Putin asked Nabiullina about the mechanism of credit holidays for businesses
Source: OREANDA-NEWS
OREANDA-NEWS Russian President Vladimir Putin addressed the head of the Central Bank, Elvira Nabiullina, with a question about how credit holidays for small and medium-sized businesses work in the country.
"Starting from October 2025, we have such a measure as credit holidays... How does this measure work?" - Putin said, addressing the head of the Central Bank.
"In fact, this mechanism is familiar to both the bank and the business. He worked for us during the pandemic, and then, as you remember, he allowed many companies to experience a decline in business activity as a temporary measure. And we had already worked out many problematic issues together with the banks, but since October there has been a very important change," Nabiullina recalled.
"Starting from October 2025, we have such a measure as credit holidays... How does this measure work?" - Putin said, addressing the head of the Central Bank.
"In fact, this mechanism is familiar to both the bank and the business. He worked for us during the pandemic, and then, as you remember, he allowed many companies to experience a decline in business activity as a temporary measure. And we had already worked out many problematic issues together with the banks, but since October there has been a very important change," Nabiullina recalled.




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