OREANDA-NEWS. On May 13, 2008 Nadezhda Martynova, Executive Vice Chairman of the Managing Board of the Russian Bank for Development responsible issues of SME loan support, has been included into Banking Sub-Committee of the Chamber of Commerce and Industry of the Russian Federation, reported the press-centre of RBD.
 
According to the work schedule for 2008 the Sub-Committee will actively participate in improvement of the banking legislation. In this connection N.Martynova will take part in drafting the Federal law “On Making Amendments to the Federal Law “On Insolvency (Bankruptcy)”. The given draft law in particular provides for exception of mortgaged property from bankruptcy assets, which will allow to increase by far the SME loan support through the two-tier financing system with involvement of regional banks.
 
Starting from 2008 RBD intends to extend loans to the SME infrastructure objects: special centers and agencies for SME development, science and technological parks, innovation and technology centers, business-incubators and special funds. Taking into account the given particularity the Bank’s representative will pay special attention to drafting the Federal laws “On the Micro-finance Organizations” and “On Credit Cooperation”.