OREANDA-NEWS. December 10, 2009. The Russian Bank for Development is building up small business lending in the Volga Federal Okrug – the Bank and AKB Spurt (OAO), Kazan have signed a loan agreement worth RUR 113 mln. for SME lending support in the Republic of Tatarstan, reported the press-centre of RBD.

The resources are allocated under the RBD’s SME Lending Support Program that provides funding to SMEs operating in the real economy sector. At that, pursuant to the agreement the interest rate for the end-borrowers will not exceed 13 %.