OREANDA-NEWS. Sberbank has announced the new conditions of overdraft lending for corporate clients. New advantages include a longer lending period (up to one year) and prolonged period (up to 90 days) that the client can use the tranche.

"These improvements make overdraft lending at Sberbank even more attractive for existing clients as well as for companies and entrepreneurs who are not yet clients of the Bank," said Senior Vice-President of Sberbank Svetlana Sagaidak.

Overdraft lending provides clients in good financial standing a temporary credit line when their account has a negative balance.