VTB Bank (Kazakhstan) launched new loan program for small business – «Premium Credit»

23.02.2012

We would like to inform you about the launch of new loan program for small business – «Premium Credit».

This program is designed for individual entrepreneurs and legal entities and provides loans for replenishment of working capital, acquisition and modernization of fixed assets, as well as refinancing debt in other banks.

Credit in the amount from 75 million to 300 million tenge (from 500 thousand to 2 million dollars or the equivalent in Russian rubles) can be issued for the period of 1 month to 7 years. Funds are provided in the form of lump-sum loan or credit line. 

According to Dinara Zhakenova, the director of the Department of Retail Business Development, small business entities will appreciate the advantages of the new loan program: "Today Kazakhstani entrepreneurs often need flexible financial instrument, which, on the one hand, would provide the possibility of long-term lending, on the other - simplify the procedure for loan funds provision".

To meet the needs of our customers, we have developed new loan program «Premium Credit». Using it small business entities can get a loan for business development in the shortest period and with minimal package of documents».

More information about "Premium Credit" program.