RBD Intensifies SME Lending Support in South Federal Okrug
OREANDA-NEWS. December 07, 2009. The Russian Bank for Development under the SME Lending Support Program is intensifying small business lending in the South Federal Okrug, reported the press-centre of RBD.
In the course of the Program’s implementation the Bank has signed a loan agreement with OAO Fondservisbank (Moscow).
Pursuant to the agreement RBD is to grant to Fondservisbank RUR 100 mln. that will be channeled to SME lending in the Rostov Oblast. SME lending will be accomplished through a branch office of Fondservisbank in this region.
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