VTB Bank (Kazakhstan) represents ‘Quick Loan for Small Business’

27.08.2012

VTB Bank (Kazakhstan) informs of introduction of new product for small business – Quick Loan which has been developed to meet a need in quick receipt of finances for the legal entities, individual entrepreneurs without formation of legal entities, notaries, attorneys and private law enforcement officers.

The main advantage of new product is financing on a tight schedule under simplified scheme of the Loaners analysis and mortgage security.

‘Quick Loan’ may be used for replenishment of floating assets, purchase and updating of fixed assets, refunding of debts in other Banks and other goals.

‘Quick Loan’ is issued for the period from 3 months up to 7 years with maximum sum up to KZT 150 million (or USD 1 million). The Loan may be obtained in KZT, USD or Russian Rubles.

VTB Bank offers a variety of loans for small business, providing Kazakhstan entrepreneurs to execute different business-tasks successfully.

VTB Bank (Kazakhstan) issued above 700 loans to small business for the period from 2011 to August 01, 2012. Increment of growth constituted above 46%.