RBD Finances URALSIB to Build Up SME Lending
OREANDA-NEWS. August 17, 2010. The Russian Bank for Development under the SME Lending Support Program has signed with OAO URALSIB a loan facility agreement for SME support worth RUR 191 million, reported the press-centre of RBD.
The funds will be allocated through branches of OAO URALSIB in the Tyumen (RUR 15 million), Kemerovo (RUR 34 million), Chelyabinsk (RUR 39 million), Kurgan (RUR 1 million), Sverdlovsk (RUR 9 million), Belgorod (RUR 5 million), Ryazan (RUR 5 million), Irkutsk (RUR 15 million), Novosibirsk (RUR 8 million) Oblasts, in the Altai Kray (RUR 10 million) and the Republic of Bashkortostan (RUR 50 million).
RBD’s funds will be provided to enterprises operating in public health service and education, construction, food industry, transport and communication. The allocated resources will be channeled to enterprises that render consumer and other services to households and companies, including auto-services, fuel stations, hotels and catering facilities.
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