A set of Treasury interest-bearing loans for traders comes into effect

A set of Treasury interest-bearing loans for traders comes into effect

Treasury and Finance Minister Nureddin Nebati has announced that the TL 100 billion Treasury interest-backed loan scheme, which will be used to meet the financing needs of traders and artisans, is entered into force.

Treasury and Finance Minister Nureddin Nebati announced that the Treasury Interest Loan Scheme worth TL 60 billion to be availed through Halkbank with a maturity of 7.5 months and an interest rate interest of 100%, entered into force with the President’s decision. .

In this context, the zero interest credit limit for young entrepreneurs has been increased from 100,000 TL to 300,000 TL, and the age limit has been increased from 30 to 35 years.

In addition, the upper limit of the business and investment loan, which will be subject to a 100% interest reduction for traditional (extensive) production of herbs, which is made available to growers and farmers through TC Ziraat Bank and agricultural credit cooperatives, was increased to TL 200,000.

In his statement on his social media account, Minister Nebati gave way to the words “I hope this will benefit our traders, our farmers, our youth and our country.”

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