Bank DOM.RF has started financing small and medium-sized businesses within the new limit under the 1764 preferential program with subsidies from the Ministry of Economic Development of the Russian Federation. The amount of financing in the Bank DOM.RF under this program will amount to more than 11 billion rubles. This is stated in the message of the bank.
Small and medium-sized businesses engaged in priority sectors for the country's economy are eligible to receive financing under the program: retail and wholesale trade, agriculture, domestic tourism, science and technology, healthcare, education, manufacturing, restaurant business and consumer services.
Entrepreneurs can use credit funds for business development, for example, the purchase of new equipment or premises, or the reconstruction of production facilities. As well as to replenish working capital, including the purchase of a new batch of raw materials or the payment of salaries to employees.
"Since the launch of the program in 2019, DOM Bank.The Russian Federation has provided loans to SMEs in the amount of almost 170 billion rubles, last year the volume of financing amounted to about 16 billion rubles. Most of the funds were allocated to business development in such areas as manufacturing, transport, science and technology, as well as hotels and catering. The new funding limit under the program will help support entrepreneurs in different regions of the country in strategically important sectors of the economy," explained the Vice President, Director of the Transactional Business unit at DOM Bank.Russian Federation Anna Kornelyuk.
JSC "Bank DOM.RF" (until December 13, 2018, JSCB Rossiyskiy Kapital) — finances housing construction projects using escrow accounts in all regions of the Russian Federation. The sole shareholder of JSC "Bank DOM. RF" is a joint-stock company "DOM. RF".
