TRANSKAPITALBANK joined the list of the authorized financial institutions under SME Lending Program of the Ministry of Economic Development of the Russian Federation
The Ministry of Economic Development of the Russian Federation included TRANSKAPITALBANK (TKB) into the list of the authorized financial institutions participating in the SME soft bank lending program in accordance with the RF Government Regulation No.1764 dated December 30, 2018 “On approval of regulations for provision of grants to the Russian financial institutions for compensation of the lost income under loans, granted in 2019 – 2024 to SME borrowers with concessionary interest rates”.
The realization of this Program is scheduled within the governmental national project - “Small and medium sized entrepreneurship and support of the business initiative”.
The participation in the a.m. Program enables TKB to provide the SME clients with loans bearing an attractive interest rate and contribute to the development of the SME business in different Russian regions.
TKB is also an active participant of the Lending Program of the Ministry of Agriculture of the Russian Federation and is one of the banks, authorized by the Federal SME Development Corporation for supporting SME borrowers within the National Guarantee System.