VTB Leasing has started concluding deals under the state program of subsidizing the purchase road building machines implemented by the Russian Ministry of Industry and Trade. The program enables legal entities and sole proprietors to upgrade and replenish the fleet of special vehicles with a discount of up to 15%, the bank informed.
The subsidy applies to new trucks and self-propelled vehicles of domestic manufacture aged no more than three years and meeting the Ministry of Industry and Trade's requirements.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all the key segments of the financial market. In the CIS, the group is active in Armenia, Ukraine, Belarus, Kazakhstan, Azerbaijan. VTB's banks in Austria, Germany and France are operating as parts of the European sub-holding led by VTB Bank (Austria). Besides, the group has subsidiary and affiliate banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one VTB branch in China and India, two VTB Capital Plc branches in Singapore and Dubai.
