Cuban banks began to lend to private businesses

The loans should stimulate the growth of small businesses, individual entrepreneurs, farms, and the construction of private homes.

Процентные ставки будут зависеть от срока кредита, и будет находиться в пределах, установленных Кубинским Центральным Банком. Минимальный кредит для индивидуальных предпринимателей составит около 125 долларов, а для фермеров — около 40 долларов. Для осуществления платежей кубинцы могут открыть текущие счета и использовать чеки, кредитные карточки и банковские переводы.
The banking reform is the latest in a list of measures approved by President Raul Castro in an attempt to revitalize Cuba's socialist economy by increasing private enterprise. Large numbers of government employees have been laid off with the hope that they will start their own businesses. Over the past 18 months, rules restricting private business have been relaxed and citizens are now allowed to buy and sell real estate and cars.
President Castro affirmed that these changes are necessary to renew, not abandon, the socialist model of development.

According to the foreign press for ForTrader.ru