17 April 2018, Moscow - Sberbank has cut the interest rate for its Trust lending product to 15% for clients who are part of the Fasol franchising programme offered by major international small-scale wholesale company METRO Cash and Carry.

Clients can now take out a Trust loan with better conditions - the interest rate is 1-2 percentage points lower than the standard rate. The better rate is available to clients who already use or plan to connect to Sberbank's merchant acquiring system.

Clients must also meet the requirements for Trust borrowers. In addition, food retail clients must provide proof that they are part of METRO Cash and Carry's Fasol franchise.

Fasol is a franchising programme created by METRO Cash and Carry LLC for representatives of SMEs who own grocery stores. Participants in the programme are given a package of services, which includes assistance with the layout of stores to marketing support. Store owners are also exempted from paying royalties and franchise fees if they meet a number of conditions.

This offer will be available until 30 June 2018.

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Sberbank published this content on 17 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 April 2018 15:16:09 UTC