Technology

Another Russian bank joins the tax service blockchain platform

Ak Bars Bank has related to the blockchain platform of the Federal Tax Service of the Russian Federation for the issuance of loans for enterprise sectors affected by coronavirus.

In accordance with Olga Yasonova, Managing Director of Ak Bars Bank, the service will permit “virtually immediately to guage functions for interest-free loans” and supply well timed assist to clients.

An utility for a mortgage may be made on the bank's web site or at a department.

Ak Bars Bank is a member of the FinTech Affiliation for the Improvement of Monetary Applied sciences and the first interbank fintech accelerator FintechLab.

Recall, the blockchain platform for preferential lending to small and medium-sized companies affected by the coronavirus pandemic was launched by the tax at the finish of April. The primary to hitch had been VTB and Sberbank.

Assist can be utilized by enterprises that retained 90% of staff in March 2020.

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