OREANDA-NEWS. May 8, 2009. In the framework of joint program of SME clients' support of the Bank 'Finance and Credit' and German-Ukrainian Fund there was granted a loan in the amount of UAH 1, 160 million.

In August 2008 the Bank 'Finance and Credit' and German-Ukrainian Fund in the framework of project development 'The refunding program on support of credit program in rural areas' the loan agreement was signed in the amount of EURO 1 million for the term of 5 years. The actual program is directed on SME development in towns with population rate of up to 100 thousand by means of loan provision for SME clients on preferential terms.

According to the Head of the department of SME products development of the Bank 'Finance and Credit' Vitaliy Synenko: "We closely collaborate with German-Ukrainian Fund. On the whole, during the continuance of Bank program there was granted over UAH 1,4 million for SME clients. It should be noted that in the complicated economic situation the support and development of perspective from the point of commercial effectiveness projects are very important, especially it is important for SME segment in regions".