cryptohunter
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Offshore firms in Russia find it tough to get loans from local banks due to rules and extra scrutiny. Russian law prefers local businesses making it hard for offshore ones to get support.
The government wants more openness and less money leaving the country leading to strict controls on offshore deals. Some Russian banks might consider giving loans, but they often ask for more interest and have strict approval processes.
Banks may need lots of paperwork and collateral to lessen risks tied to offshore firms.
The government wants more openness and less money leaving the country leading to strict controls on offshore deals. Some Russian banks might consider giving loans, but they often ask for more interest and have strict approval processes.
Banks may need lots of paperwork and collateral to lessen risks tied to offshore firms.