OREANDA-NEWS. September 30, 2008. The Russian Bank for Development has opened a credit line to Sotsgorbank. The debt ceiling amounts to RUR 70 mln, and the credit line is opened for 3 years in accordance with the agreement signed between the banks, reported the press-centre of RBD.

The RBD’s resources will be channeled to the direct SME lending support – the priority shall be given to enterprises involved in industry, science and high technologies, as well as to SME infrastructure support entities.