OREANDA-NEWS. July 19, 2010. The Russian Bank for Development under the SME Lending Support Program is building up the size of SME funding via leasing companies. Within the framework of this work the Bank has opened to PN-Leasing LLC (St. Petersburg) the second credit line worth RUR 33.7 million with a five-year maturity, reported the press-centre of RBD.

PN-Leasing will channel the allocated resources to finance transactions via leasing arrangements with SMEs operating in the segments of transport, special machinery and equipment.

At that over 60% of the total size of resources will be given to the transport leasing agreements, 30% - to equipment, and the remaining 10% – to special machinery.