OREANDA-NEWS. July 19, 2010. The Russian Bank for Development under the SME Lending Support Program is building up the size of financing to SMEs via leasing companies. In doing so the Bank has opened to Admiral-Leasing LLC (Rostov-on-Don) a credit line worth RUR 50 million with a five-year maturity, reported the press-centre of RBD.

The allocated resources will be channeled to finance transactions via leasing arrangements with SMEs operating in the Rostov Oblast and the Krasnodar Kray.

The end-lessees will be organizations involved in building the “new economy” - high-tech industries, municipal housing economy, food industry and construction.