OREANDA-NEWS. December 07, 2009. Sergey Krjukov, Chairman of the Board of RBD addressed the 16th International Russian Banking Forum in London, reported the press-centre of RBD.

In his report the Head of RBD outlined the key provisions of the State-Sponsored SME Lending Support Program in Russia. The priorities of the Program are enlarging the overall number of SMEs, increasing of the share of SME in Russia’s GDP and of the number of jobs.

According to Mr.Krjukov RBD is rendering an integrated financial support to small and medium-sized enterprises both through a wide regional network of partner banks located in all Russian regions and through an actively growing network of SME infrastructure support entities. Alongside RBD is placing great emphasis upon developing of new SME support areas such as SME lending support taking into account the sector breakdown, support to innovative SMEs as well as using the framework of the Direct Investments Fund on the principals of public-private partnership.

During his visit to London the Head of RBD conducted negotiations with Mark Turner, Director of SME Financing, Department for Business, Innovation & Skills of the United Kingdom. They discussed the SME support programs’ efficiency considerations in both countries. Moreover Sergey Krjukov held a working meeting with Yves Lemay, Managing Director, Financial Institutions Group, Moody’s Investors Service.