Donetsk, May 19 – DAN. The DPR Central Republican Bank has approved first three credits for small and medium businesses, the financial institution press service said.

"The Credit Committee of the Central Republican Bank approved another loan to a representative of small and medium-sized businesses in the DPR. This is the third loan approved by the committee under the microcrediting program for small and medium-sized businesses within the framework of the experimental test-launch of the hardware and software complexes of the Bank, ensuring the automation of the lending process," the report reads.

First credit was issued to an entrepreneur working in retail and wholesale trade in building materials and household goods on April 29.

The Central Bank launched its microloan program for physical and legal entities in January 2021, first application were accepted in February. *ot