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Sberbank opened a credit line to a resident of the Free Port of Vladivostok
The company "SZ" Green Boulevard "plans to build a residential complex in Vladivostok with a total area of 45 thousand square meters. For the implementation of the project, Sberbank opened a credit line for the company.
According to the press service of the Far East Development Corporation, lending will be carried out under the program of concessional debt financing for residents of the free port of Vladivostok and the TOP. Part of the interest rate will be subsidized to the bank from the federal budget.
The loan amount will be 1,7 billion rubles for a period of three years. These funds will be used to build the second phase of the comfort-class residential complex "Green Boulevard" in the area of the Green Corner in the capital of the Primorsky Territory. It includes two 25-storey monolithic buildings, united by a closed landscaped courtyard. Apartments here range from 24,9 to 71,2 square meters.
As the managing director of the Corporation for the Development of the Far East and the Arctic Sergey Skali noted, such loans serve as a guarantee of the successful implementation of investment projects. Several such loans have now been issued for more than 15,5 billion rubles.
Chairman of the Far Eastern Sberbank Andrey Cherkashin added that housing construction will be carried out using escrow accounts. This will allow equity holders to rely on security during settlements and receive a guarantee of rights protection, cost control and safety of money.