Sberbank opened a credit line for Aeroflot for 46 billion rubles

Sberbank opened a five-year credit line to Aeroflot in the amount of 46 billion rubles

Sberbank opened a credit line to Aeroflot in the amount of 46 billion rubles secured in the form of a state guarantee of Russia. Andrey Shemetov, Senior Vice President of Sberbank, Head of SberCIB, told reporters about this.

He specified that the loan was issued for five years. “The funds within the line will be used to finance the company's activities in 2022. Aeroflot is our key partner in the field of air transportation, and we are pleased to continue financing the company, which will further develop our partner's business and strengthen its position in the air transportation market, “Shemetov added.

Earlier in November, Sberbank announced a reduction in rates for the program of preferential mortgages for families with children with a down payment of 20 percent by 0.3 percentage points. The rate for registering a transaction in electronic form for salary clients will be 4.7 percent per annum, and under the program of subsidies from the developer – from 0.1 percent per annum.

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