Center-invest Bank has been included in the Bank of Russia’s turnaround programme for concessional lending to small and medium-sized enterprises.
Center-invest Bank takes part in a special anti-crisis SME support programme developed jointly by the Bank of Russia and the Russian Federation Government.
According to the terms of this programme, concessional loans are available at an annual interest rate of up to 15% for micro and small businesses, and up to 13.5% for medium-sized enterprises. Funding for working capital is available for up to one year and for investment purposes for up to three years. Concessional programme is available until 30 December, 2022.
“We are committed to the success of our customers, and we are always ready to provide support and collaborate in finding best solutions for business financing and transformation. The Bank’s customers benefit from all concessional state programmes, including the SME lending incentive programme developed by the Russian Ministry of Economic Development, the Bank of Russia and the SME Corporation,” says Anastasia Korotun, Head of the Bank’s Corporate Services Department.
According to Expert RA rating agency, Center-invest Bank occupies a leading position in SME lending in Russia: it is ranked 5th in the IE loan portfolio and 7th in micro-business financing.
For more information on business lending programmes, visit centrinvest.ru or any Center-invest Bank office.