Treasury Interest Supported Loan Package for Tradesmen Entered into Force

Treasury Interest Supported Loan Package for Tradesmen Entered into Force
Treasury Interest Supported Loan Package for Tradesmen Entered into Force

Treasury and Finance Minister Nureddin Nebati announced that the Treasury Interest Supported Loan Package, amounting to TL 100 billion, 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, worth TL 60 billion, to be used through Halkbank with a 7,5-month maturity and an interest rate of 100 percent, came into effect with the decision of the President.

In this context, the zero-interest credit limit for young entrepreneurs was increased from 100 thousand TL to 300 thousand TL, and the age limit was increased from 30 to 35.

In addition, the upper limit of the enterprise and investment loan, which will be subject to a 100 percent interest discount for Traditional (Extensive) Herbal Production, which is made available to producers and farmers through TC Ziraat Bank and Agricultural Credit Cooperatives, has been increased to 200 thousand TL.

In his statement on his social media account, Minister Nebati gave place to the words "I hope it will be beneficial for our tradesmen, farmers, youth and our country".

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