RBD Extends Territorial Coverage of SME Lending Support Рrogram
OREANDA-NEWS. November 23, 2009. The Russian Bank for Development is continuing to extend territorial coverage of the SME Lending Support Program. Under this program a loan worth RUR 227 million was granted to ZAO FIA-BANK (Tolyatti), reported the press-centre of RBD.
Pursuant to the loan facility agreement a part pf the allocated resources totaling RUR 73 million will be channeled to SME lending in the Republic of Sakha (Yakutia).
Moreover small business lending will be intensified in the Republic of Bashkortostan (RUR 20 million) and the Samara Oblast (RUR 134 million). SME lending will be accomplished through the branch offices of FIA-BANK in these regions.
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