Sviaz-Bank (Vnesheconombank Group) has lowered the interest rates under the Overdraft Online program by 2.25-2.5 p.p, the bank informed.
As a result, the interest rate on overdraft loans provided by Sviaz-Bank to small businesses will reach 14.75% p.a. in Russian rubles for the classic lending scheme, 17.5% for the upfront lending scheme.
The "Online" overdraft product is intended for bridging cash gaps of legal entities and sole proprietors.
Sviaz-Bank (Interregional Bank for Settlements of the Telecommunications and Postal Services, tax number: 7710301140) established 1991 is one of Russia's top 30 leading banks according to the Central Bank of Russia's monthly statistics. Operating a regional branch network consisting of 49 branches in Russia, the bank is developing investment and banking services (including corporate financing) and provides services to private clients. Vnesheconombank owns 99.5% of Sviaz-Bank shares.
"AK&M", 08.02.2018 14:46