RBD Opened Credit Line to OOO RAF-Leasing for SME Support
OREANDA-NEWS. February 09, 2010. The Russian Bank for Development under the SME Lending Support Program is building up the size of SME support via leasing arrangements. Within the framework of this work the Bank has opened a credit line to Leasing Company OOO RAF-Leasing for a total amount of RUR 250 million, reported the press-centre of RBD.
The allocated resources will be channeled to SMEs purchasing machinery and equipment on the terms of leasing through a wide branch network of RAF-Leasing in the Central, South, North-Western, Siberian and Urals Federal Okrugs. The area of activities of the end-lessees which are intended to receive loans using the RBD’s funds are manufacturing, agriculture, education, construction, distributive industries and services.
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