UkrSibbank Financing Small and Medium Enterprises at UAH 11,5% p.a.
OREANDA-NEWS. From now on the businesses and entrepreneurs being serviced at JSCIB “UkrSibbank” may apply for a loan or credit facility at the rate of 11,5% in UAH in the amount of UAH 50 000 to 1mln with a 3-years maturity for the purposes of current assets and working capital financing, reported the press-centre of UkrSibbank.
“As of today it is one of the best offers for SMEs nationwide, - emphasized Vladlen Dyedkov, Head of SME Department, JSCIB “UkrSibbank”. - In addition, such a significant reduction of interest rate didn’t entangle the increase of fees. Standard cost of these loans makes up 14% per annum in UAH, nevertheless, in view of all business customer-bank relationship we were in position to offer 11.5%. Hence, the client will cut down the cost of banking service by paying the difference between standard and reduced interest rate for the entire period of lending.
Extra advantages of the program include free opening of UAH card account and issue of corporate payment card Visa Business/MC Business. Interest shall be accrued to the card balance at 4% p.a. Early repayment fee will not be charged. The financing is rendered by maintaining current account under the terms and conditions of “Creditnyj” package.
UkrSibbank’s financial advisers are ready to promptly advise small and medium-sized enterprises on all issues of interest and to ensure necessary support for the convenience of co-operation with the Bank.
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