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Another Far Eastern enterprise will receive a preferential credit line of VTB - EastRussia | Far East

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Another Far Eastern enterprise will receive a preferential credit line of VTB

The credit line in the amount of 50 million rubles for the period of 3 under the program of preferential financing of small and medium-sized businesses (SMEs) will provide the Khabarovsk Territory enterprise - Mostovik plus LLC - VTB Bank

Another Far Eastern enterprise will receive a preferential credit line of VTB
The funds raised (at a preferential rate of 10% per annum) will be used to finance capital expenditures, which include the purchase of equipment, major repairs, modernization of fixed assets, including the reconstruction of production facilities.

As part of the program of preferential financing of small and medium-sized enterprises (SMEs), which implements the JSC "Federal Corporation for the Development of Small and Medium Enterprises' (SME Corporation) in conjunction with the Bank of Russia, it would not be the first loan provided by VTB in the Far East.

Before that, in April 2016 years, VTB has also opened preferential credit line of 80 million rubles fishing collective farm "Lights of the East" (Primorye). And later, in July, a preferential credit line in the amount of 110 million rubles was received by ZAO Myasokombinat Elizovsky (Kamchatka Krai).

Mostovik Plus LLC is one of the leading meat processing enterprises of the Khabarovsk Territory.