SKB-Bank, SME Corporation to Offer Reduced-Rate Loans

25 October 2016 (14:55)

UrBC, Yekaterinburg, October 25, 2016. SKB-Bank and SME Corporation signed an agreement to offer small and medium enterprises loans at a reduced interest rate, the bank’s press service reports.

The bank representatives explain the agreement was signed during a round table discussion on the development of SMEs in the Urals; the discussion was coordinated by the Expert-Ural magazine and Expert Analytical Center.

‘The bank’s customers from among medium enterprises can now apply for funding at 9.6% a year, and those from among small enterprises can apply for a loan at a 10.6% annual interest rate. Also, during the discussion, members of local business support organizations shared their tips on SME development in the Urals, and heads of companies that have already relied on state support talked about their experience and achievements,’ the press service says.


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