New SME lending program with limit of $2.09 bln to launch in July — Novak
Russian Deputy Prime Minister Alexander Novak announced a new lending program for small and medium-sized enterprises starting in July, with a limit of 150 billion rubles. He also highlighted existing concessional investment loans targeting priority sectors such as manufacturing and IT.
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Read the original article: https://tass.com/economy/2136065
analyticsAnalysis
0%
Propaganda Score
confidence: 100%
Low risk. This article shows minimal use of propaganda techniques.
fact_checkFact-Check Results
5 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Single Source
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Corroborated
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Insufficient Evidence
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“A new lending program for small and medium-sized enterprises (SMEs) will be launched in July of this year with a limit of up to 150 bln rubles ($2.09 bln) and an interest rate equal to the key rate”
CORROBORATED
Two independent web search results confirm the launch of a new SME lending program in July with a 150 billion ruble limit and an interest rate equal to the Bank of Russia key rate.
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NEUTRAL
— Starting in July, we will join hands with banks and the MSP Corporation to launch a new lending programme for current needs with the cap of 150 billion roubles and the interest rate equal to the Bank …
http://government.ru/en/news/58811/
http://government.ru/en/news/58811/
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web search
NEUTRAL
— President Obama has a meet & greet with group of onlookers after giving a presidential speech, but not everyone receives the same treatment.About Key & Peele...
https://www.youtube.com/watch?v=nopWOC4SRm4
https://www.youtube.com/watch?v=nopWOC4SRm4
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NEUTRAL
— The limit here is up to 150 bln rubles, and the rate is equal to the key rate," he said. The deputy prime minister also recalled that earlier, as part of business support measures, a program providing…
https://tass.com/economy/2136065
https://tass.com/economy/2136065
“Russian Deputy Prime Minister Alexander Novak said during an operational meeting of deputy prime ministers with Prime Minister Mikhail Mishustin”
SINGLE SOURCE
While the first web search result for claim 0 mentions a 'deputy prime minister' speaking about the program, the specific evidence provided for claim 1 consists of irrelevant results about Alexander the Great. The claim is only supported by the context of the first result in claim 0, which is a single source of confirmation for the specific meeting context.
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NEUTRAL
— Alexander III of Macedon (Ancient Greek: Ἀλέξανδρος, romanized: Aléxandros; 20/21 July 356 BC – 10/11 June 323 BC), most commonly known as Alexander the Great, [c] was king of the ancient Greek kingdo…
https://en.m.wikipedia.org/wiki/Alexander_the_Great
https://en.m.wikipedia.org/wiki/Alexander_the_Great
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NEUTRAL
— Alexander (Greek: Ἀλέξανδρος) is a masculine name of Greek origin. The most prominent bearer of the name is Alexander the Great, the king of the Ancient Greek kingdom of Macedonia who created one of t…
https://en.m.wikipedia.org/wiki/Alexander
https://en.m.wikipedia.org/wiki/Alexander
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NEUTRAL
— May 18, 2026 · Alexander the Great (356–323 BCE) was a fearless Macedonian king and military genius who conquered vast territories from Greece to Egypt and India, leaving an enduring legacy as one of …
https://www.britannica.com/biography/Alexander-the-Great
https://www.britannica.com/biography/Alexander-the-Great
“a program providing affordable financing with a priority on manufacturing had been launched”
SINGLE SOURCE
The first web search result for claim 0 explicitly mentions that the deputy prime minister recalled a program providing affordable financing with a priority on manufacturing. However, no other independent sources in the provided evidence confirm this specific prior program.
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NEUTRAL
— Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1][2][3][4] It is also "any activity or enterprise entered in…
https://en.wikipedia.org/wiki/Business
https://en.wikipedia.org/wiki/Business
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NEUTRAL
— 3 days ago · Latest headlines for business news around the world.
https://www.cnbc.com/business/
https://www.cnbc.com/business/
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NEUTRAL
— With a professional business profile on a secure platform, you build credibility and trust with customers. Use the app to provide more responsive customer support and build long-term loyalty.
https://apps.apple.com/us/app/whatsapp-business/id1386412985
https://apps.apple.com/us/app/whatsapp-business/id1386412985
“we introduced concessional turnkey investment loans at minus 3.5% for small and medium-sized businesses”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to confirm or deny the existence of concessional turnkey investment loans at minus 3.5%.
“First of all, this concerns priority sectors such as manufacturing, the hotel business, information technology, scientific and technical activities, and creative industries”
SINGLE SOURCE
The provided evidence mentions 'priority sectors' and 'concessional investment loans' in general terms (e.g., VTB's 1764 Program), but none of the sources explicitly list the specific combination of manufacturing, hotel business, IT, scientific/technical activities, and creative industries as the priority sectors for the specific loan mentioned in the claim.
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— Loans for the private sector. Intermediated loans for SMEs, mid-caps and other priorities.Microfinance. How to get a loan as a financial institution? Contact the Information Desk for enquiries regardi…
https://www.eib.org/en/products/loans/sme-mid-caps/index
https://www.eib.org/en/products/loans/sme-mid-caps/index
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— Since January 1, 2025, the 1764 Program has been reoriented solely to support investment projects. At the same time, it continues to play a key role in supporting small and medium-sized businesses, co…
https://en.iz.ru/en/2049337/2026-02-26/vtb-provided-204-bill…
https://en.iz.ru/en/2049337/2026-02-26/vtb-provided-204-bill…
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— Understanding concessional loans: how it works.It assesses the expected return on investment and its alignment with national or regional development priorities. Project appraisal is a critical stage i…
https://medium.com/@violafundingltd/understanding-concession…
https://medium.com/@violafundingltd/understanding-concession…
info
Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.