OREANDA-NEWS. July 16, 2010. With the view to build up the SME lending support the Russian Bank for Development is offering opportunities to leasing companies and micro-finance organizations to enjoy new offers, reported the press-centre of RBD.

The RBD’s product line is supplemented with a special offer “Autoleasing” that will enable to finance leasing companies purchasing transport and special equipment for sub-lease to SMEs. The Bank’s new credit product is designed for a long maturity – up to 5 years, the interest rate of 10% p.a.

RBD offers for the micro-finance organizations a new credit product “Micro-loan 1-level PLUS” for subsequent micro loans to SMEs. The rate on this product is established at 9.5-10.5% p.a. with a three-year maturity. The specific feature of this proposal is that the micro-finance organizations can use the credit line with debt ceiling.

“The Russian Bank for Development thoroughly studies the needs of its partners. We think that new credit products will completely satisfy the needs of small business while working with micro-finance organizations and leasing companies”, - said Olesia Teploukhova, Director of SME Financing Department of RBD.