Special rates for new customers and flexible discounts for business clients of ProCredit Bank

Additional financing rendered in a timely and responsible manner is crucial for positive development in small and medium enterprises. The strong position enjoyed by ProCredit Bank in Ukraine’s financial services market allows for continuous improvement of lending terms. For example, new customers can apply for a minimum loan of UAH 500,000 at 18% per annum with a repayment period of up to 36 months. This offer is valid until 31.08.2013 exclusively for customers who will be using ProCredit Bank’s credit and lending services for the first time.

In addition to this special offer for new customers, ProCredit Bank is pleased to offer its existing business clients flexible discounts on standard Ukrainian hryvnia-denominated loans. A discount of 1 percentage point on the current interest rate is available to customers engaged in production (including farming), the transport business or the services sector. On top of that, business customers who transfer at least 70% of their turnover to ProCredit Bank and apply for the payroll card programme are eligible for an additional discount of one percentage point. Finally, a discount of one half of a percentage point can be obtained on investment loans. Meeting all of the above conditions guarantees a reduction of 2.5 percentage points in the standard interest rate, making SME financing even more accessible.

“We are offering a reduction in loan rates with the interests of our customers and general market trends in mind. Our primary concern is to establish conditions for convenient and attractive lending opportunities. This is evidenced by the fact that we offer repayment schedules tailored to particular businesses, make loan decisions in an expedient manner and continue to provide high-quality service  to all of our customers”, explains Grigoriy Kantermann, Head of Medium Business Development at ProCredit Bank.