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VTB issued loans to business in Yakutia at 2% for 719 million rubles

VTB issued loans to business in Yakutia at 2% for 719 million rubles
Photo: pixabay.com

VTB has approved 96 applications for loans at 2% per annum for entrepreneurs in Yakutia. The amount of support provided amounted to 719 million rubles.

According to the press service of VTB, entrepreneurs of the republic are actively applying for loans at 2%. According to Alina Sizykh, director of the catering company Kitagawa LLC, the low interest rate was especially attractive for their company. Also, with the help of a soft loan, the company expects to maintain a close-knit team of the enterprise.

Under the terms of the loan, if until December 28, 2020 it will be possible to maintain the state from 90% compared to March 2020, then the state will fully compensate the loan and the interest on it. If the company can save from 80% of employees, then half of the loan will be “written off”.

According to Denis Leontiev, VTB Bank Manager in Yakutia, it is very important that the list of enterprises that can receive such support is expanded. Thanks to this program, business activity in the region has been preserved.

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