Friday, 17 February 2017
Farmers can reduce the rate of lending to 2-4%
As the Minister of agriculture of Russia Alexander Tkachev channel "Russia 24", the new program of preferential lending will join about 20 regional banks, which will lead to lower interest rates on loans
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The Minister explained that currently, the selection procedure of banks participating in the new program of the Ministry of agriculture. The expansion of the list of banks will increase the competition between them, which can lead to a drop in rates to 4% or to 2% per annum, depending on the loyalty of banks and credit history of the borrower.
Tkachev expressed hope that the new mechanism will work as openly and transparently.
Photo: onlinetambov.ru
Translated by service "Yandex.Translation"
Источники:
Agro2b
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