OREANDA-NEWS. March 15, 2010. The Russian Bank for Development under the SME Lending Support Program has extended a regular loan to OAO Baltinvestbank (St.Petersburg) in the amount of RUR 55 million, reported the press-centre of RBD. 

The monetary resources are allocated between regional representatives of Baltinvestbank: St.Petersburg (RUR 30 million), the Samara Oblast (RUR 19 million), and the Saratov Oblast (RUR 6 million).

The end-borrowers are enterprises engaged in chemical and pharmacy industry, textile industry, construction, as well as research and development enterprises. At that the bank is lending to SMEs implementing public contracts.