OREANDA-NEWS. On October 13, 2007 the German -Ukrainian fund, established in 1994 to support small and medium companies, has announced tender to select banks to credit small and medium business in rural districts, reported the Official website www.kmu.gov.ua.

Within the framework of the project, the Germany's government provided a 7 M. EUR credit the project aims at introducing small and medium business crediting.

Credit will be distributed between banks for 5 years.

The participants are the NBU, Finance Ministry and KfW.