SB Sberbank Uses Resources on SME Development Program
OREANDA-NEWS. April 10, 2009. Subsidiary bank Sberbank of Russia (Almaty), bonds of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the press release of April 8, 2009, reported the press-centre of KASE.
SB Sberbank informs that participating in the implementation of small and medium size businesses (SMB) development program jointly with the Fund Damu, the Bank follows its principle to focus on the real economy sector support as well as those enterprises, which will form the basis of Kazakhstan renewed economy.
Having made the decision to develop SMB, SB Sberbank accurately considers each submitted application focusing on timeliness, significance and perspectives of the credited project. One of the enterprises that received the credit within Damu program is the company Green House (Almaty region) for reconstruction of the conservatory.
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