RBD Extended Regular Loan to National Trade Bank
OREANDA-NEWS. March 15, 2010. The Russian Bank for Development under the SME Lending Support Program has extended a loan to OAO National Trade Bank (Tolyatti), reported the press-centre of RBD.
Pursuant to the agreement the allocated amount reaches RUR 53 million. National Trade Bank will distribute the funds among its representative offices in the Russian Federation: St.Petersburg (RUR 8 million), the Leningrad Oblast (RUR 30 million), and the Samara Oblast (RUR 15 million).
The allocated resources will be channeled by the partner-bank for on-lending to enterprises engaged in manufacturing activity, construction, car mending, hotel and restaurant business, transport and communications.
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