DenizBank, the Turkish subsidiary of Dexia Group, initiates a new campaign for SMEs. In this campaign advantageous credit pricing is applied for the increasing financing needs of SMEs.
All DenizBank customers who fulfill the turnover criteria of SME Banking can benefit from this credit product.
Group Gökhan Sun, Executive Vice President in charge of SME and Agriculture Banking at DenizBank: “We have initiated an important campaign that will make our SMEs happy. We offer at credit with favorable interest rates to SMEs. Plus we decreased the interest rate of the SME card. We want SMEs to benefit from these opportunities and grow more”.
SMEs are offered 3 months grace period with maturities up to 36 months and an extra Rescue Account limit at an amount of 10% of their credit limits is automatically added to their accounts. Thus, SMEs can make their check/bill, utility bill and other short term payments with the Rescue Account even if they do not have enough balance on their account.
Having initiated a world first with the SME Card which was promoted two years ago and which offers a lot of advantages to SMEs, DenizBank provides another convenience to SMEs. The bank lowered the interest rate of the SME Card to 1.25% until the end of August.
With the SME Card only designed for SMEs, DenizBank offers four different credit options with one card and through several banking channels, 24/7.