Treasury and Finance Minister Nureddin Nebati announced that the ₺100 billion Treasury Interest Supported Loan Package, which will be used to meet the financing needs of tradesmen and craftsmen, has entered into force.
Treasury and Finance Minister Nureddin Nebati announced that the Treasury Interest Supported Loan Package of ₺100 billion, which will be made available through Halkbank with 60-month maturity and an interest rate of 7.5%, has entered into force with the decision of the President.
In this context, the zero-interest loan limit for young entrepreneurs was increased from ₺100 thousand to ₺300 thousand, and the age limit was increased from 30 to 35.
In addition, the upper limit of the enterprise and investment loan, which will be applied to 100% interest discount for Traditional (Extensive) Herbal Production, which is made available to producers and farmers through T.C. Ziraat Bank and Agricultural Credit Cooperatives, has been increased to ₺200 thousand.
Minister Nebati, in his statement on his social media account, said: “I hope it will be beneficial for our tradesmen, farmers, youth and our country”.
Source: Trthaber / Translated by Irem Yildiz