Borrowings in the amount of 100 million rubles for a period of 7 years granted under the incentive Programs of crediting of subjects of small and medium enterprises, implemented by JSC "Corporation for SMEs" together with the Bank of Russia.
The funding is aimed at expanding its own meat processing production of GK Nadezhda.
"Support to food and agricultural enterprises is one of the priorities of VTB in the Republic. We are happy to Finance such companies at a reduced rate under the program of SME Corporation. The funds raised at our Bank, group of companies "Hope" plans to equip the new plant for processing of meat. I'm sure these plans will work out in time, which will allow continuous supply of the population of Buryatia fresh and quality meat products", — said Inessa Lkhasaranova, head of the Directorate of VTB Bank in Ulan-Ude.
Translated by service "Yandex.Translation"
