FinComBank supports the entrepreneurs and comes to B2B Expo with an offer of discounts

FinComBank supports the entrepreneurs and comes to B2B Expo with an offer of discounts

• 02.10.2014

FinComBank JSC participates within the second edition of the international specialized exhibition of products and services for businesses “B2B Expo”, which shall take place on 1 to 3 October 2014, at the International Exhibition Center "Moldexpo".

This year, the bank turns its full attention to entrepreneurs, in particular, to those activating in the agribusiness sector, by offering the best loan products both to small, micro and medium enterprises as well as to individual business owners.

Thus, the entrepreneurs intending to expand their businesses, to buy agricultural lands, real estates for production or trade purposes, tools and machinery of the latest generation, can contract foreign currency loans (EUR, USD or loans in MDL attached to foreign currency) with an annual minimum rate of 6.5% in promotional terms.

During the period 1 to 31 October 2014, when accessing a loan in foreign currency with a minimum rate of 6.5% (EUR, USD or loans in MDL attached to foreign currency), FinComBank offers a discount certificate for:

- Free opening of current accounts and free identification of the card with specimen of signatures and stamp imprint;
- Free monthly servicing of current accounts over a period of three months after their opening;
- 75% reduction of the “Client-Bank” system connection fee.

The certificates are valid until 31 October from the issuance date and can be received both at the bank’s branches as well as at the FinComBank stand during the B2B Expo exhibition, from 1 to 3 October, at Moldexpo (Chisinau Municipality, 1, Ghioceilor Street).

Moreover, by visiting the FinComBank stand from 1 to 3 October at Moldexpo or appearing before the bank’s branches during the period October 1 to 31, interested entrepreneurs may receive a certificate amounting to 500, 750 or 1,000 MDL order to benefit from a reduced fee for loans’ issuing within the microcredit program.

The 500 MDL certificate guarantees discounted fees when granting loans from 30, 000 MDL up to 100, 000 MDL, the one amounting to 750 MDL – when granting loans from 100, 000 MDL up to 200 000, while the certificate in value of 1, 000 MDL – to loan exceeding the size of 200, 000 MDL. The discount certificates are valid for a period of two months from the date of issue.

At the same time, FinComBank gives a helping hand to the agricultural producers in purchasing seeds, paying salaries to employees, purchasing fuel or paying taxes. The loans designed for the agricultural entrepreneurs – AgroFinSezon and AgroFinInvest can now be accessed with exemption from payment of any fees.

Also, FinComBank offers grace periods for the repayment of loans and related interests, as well as the possibility of establishing a flexible schedule, depending on the seasonality of the business.

All the information about offers can be found on the bank’s site - www.fincombank.com. Within the “B2B” Exhibition, the FinComBank experts shall provide all those interested with the necessary information and give qualified answers to questions related to the agricultural sector offers.

For more information:

МD-2012, Republic of Moldova, 26, Puskin Street
Phone: (+373-22) 269-900
Fax: (+373-22) 237-308
E-mail: fincom@fincombank.com
Web site: http://www.fincombank.cоm

FinComBank

FinComBank was established in July 1993 as a joint-stock company. Today it is a well-positioned, highly profitable mid-sized bank with a very professional and dedicated management team. FinComBank provides a wide range of corporate and investment banking services to Moldovan and foreign clients. The Bank’s customers include individuals, micro, small and medium enterprises, representing all the main sectors of the Moldovan economy. However, FinComBank considers being a priority servicing micro- and small business as well as private individual entrepreneurs. 90% of new credits are issued to SMEs. FinComBank’s 17 branches and 67 agencies are located all over the Republic. At present, the Bank has 139 shareholders, 575 employees, and over 110 thousand clients. In August 2007 widely well-known venture Western NIS Enterprises Fund (WNISEF) became one of the major shareholders of FinComBank after purchase of 25 percent of the bank’s shares. Since 1995 the Bank has had its annual financial audits conducted according to international standards initially by Coopers & Lybrand/PriceWaterhouseCoopers), then by Ernst & Young. As a result it has maintained its financial strength by complying with all international standards concerning liquidity margins and capital adequacy required under the Basle Accords. The Bank is one of the founders of the Banking Association of Moldova and the Moldovan Stock Exchange and a member of the American Chamber of Commerce in Moldova (AmCham).