RBD Extended Loan to Support Small Enterprises in Samara Oblast
OREANDA-NEWS. May 12, 2009. The Russian Bank for Development as a 100% subsidiary of the State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and within the SME Lending Support Program has extended a regular loan worth RUR 200 million to the National Commercial Bank (OAO NTB), Tolyatti, reported the press-centre of Russian Bank for Development.
The loan was provided on terms of a single disbursement with a 3-year maturity.
RBD has been cooperating with OAO NTB under the SME Lending Support program since 2005. The allocated resources shall be first and foremost channeled to lending small and middle companies in the Samara Oblast operating in the real economy sector and in industry.
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