RNKB issued more than 2 billion rubles of preferential loans for businesses under the 1764 Program

CrimeaPRESS reports:

The volume of funds issued by the RNKB Bank under the state program of concessional lending to small and medium-sized businesses No. 1764 has exceeded 2 billion rubles since the beginning of 2023. More than 70% of such loans were issued to entrepreneurs working in the territory of the Republic of Crimea and the city of Sevastopol. In accordance with the terms of the program, business representatives can issue loans for the development of entrepreneurial activity at a rate not exceeding 11% per annum, as well as loans for investment purposes, replenishment of working capital and debt refinancing at a rate of up to 10.25% per annum.

A working loan within the framework of this program can be issued in the amount of up to 500 million rubles for a period of up to 3 years, an investment loan — up to 2 billion rubles for a period of up to 10 years, a loan for the development of entrepreneurial activity — up to 10 million rubles for up to 3 years. At the same time, the borrower must carry out activities in one or more industries — agriculture, manufacturing, production and distribution of electricity, gas and water, tourism, information and communication activities; transportation and storage; activities in the field of healthcare, etc. For more information on the list of industries, as well as the terms of lending under this program, please visit the official website of the RNCB.

Over the entire period of the program, we have provided representatives of small and medium-sized businesses with about 35 billion rubles, — says the vice-president — director of the corporate business department of the RNKB Sergey Biletsky. — Preferential business lending is traditionally in high demand, because thanks to government programs to support SMEs, our clients can not only develop their business, but also support the current activities of companies.

RNKB Bank is part of the VTB Group and is a member of most government programs to support small and medium-sized businesses with a reduced interest rate. For more information on the list of current lending programs, please visit the official website of the bank.

source: Public Relations Department Department of Communications and Marketing RNKB

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