Gazprombank may be set to receive a 75 billion rouble ($2.41 billion) loan from Russian state bank, VEB.

The loan was suggested by Russian Prime Minister, Vladimir Putin, and would be the second largest subordinated loan made by the VEB since the economic crisis began.

The VEB intends to channel cash back in to the economy by lending to banks which are struggling in the face of mounting bad debt. In exchange for the loan, Gazprombank is expected to return the money to the real economy through investment and loans. Putin was very clear on this matter, stating, “Gazprombank and the other banks, which have received subordinated loans, must stick to previous agreements about the volume of lending.”

The suggested loan comes despite warnings from VEB chief executive officer, Vladimir Dmitriyev, that the bank’s funds will not be enough to finance all Russian banks that demand help. He explained, “the total amount of loan applications may bring us to a total deficit of funds of 80 billion roubles.”

VEB has already provided 276.3 billion roubles in subordinated loans to the country’s banks.