International Practical Conference «Russian Financial Market» International Practical Conference «Russian Financial Market»
SMALL AND MEDIUM BUSINESS AS THE BASE OF THE STABLE CIVIL SOCIETY
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17/04/2007

MDM Bank cut interest rates on loans for small and medium business

MDM Bank cut interest rates on loans for small businesses under the program «MDM Micro». The rates are reduced to 2 points for ruble loans, and at 1 point - for ; loans in dollars and euros. Now the credit «MDM Micro» can be obtained at a rate of 15% per annum in rubles and 13% - in foreign currency.

«MDM-Micro» - universal credit product for small and medium-sized businesses for various purposes, from the purchase of goods to the investment of $ 300 thousand up to 3 million rubles (or the equivalent in dollars and euros). Credit conditions allow to obtain financing in the form of a single loan, line of credit or guarantees. The key can act as a property or personal property, and purchased property and equipment. In addition, under the terms of the loan «MDM Micro» up to 1.5 million rubles can be neobespecheno lien. This was the press-service bank.

Source: Banki.ru

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