VTB Reduces Interest Rates by 0.5% for Loans Backed by Moscow Guarantee Fund
VTB has reduced interest rates by 0.5% for loans to small businesses, holders of guarantee certificates issued by regional guarantee funds.
“We've been working successfully with the Small Business Credit Assistance Fund for more than 10 years – in Moscow as well as in other cities of our presence. I am sure our proposition will help small enterprises expand their financial opportunities,” says Migel Markaryants, the vice president for retail banking at VTB. “VTB is one of our largest partners,” comments Anton Kuprinov, the executive director at the Small Business Credit Assistance Fund. “Since 2006, we've signed more than 1500 guarantee agreements worth 5 billion rubles, thus enabling the bank to provide Moscow entrepreneurs with approximately 11 billion rubles in loans. We believe the lowering of the interest rates by VTB is an important step toward greater availability of financial resources for entrepreneurs.” VTB has collaborated with regional guarantee funds since 2006. Currently, the bank has partner relations with guarantee funds in 19 cities across Russia.
05 июля 2017
03 июля 2017