RBD Concluded Loan Facility Agreement with Solidarnost
OREANDA-NEWS. October 20, 2010. The Russian Bank for Development has built the size of lending to Solidarnost (Samara) for a total amount of RUR 115 million, reported the press-centre of RBD.
The funds are allocated under the product Refinancing for a period of 3 years. In the framework of this product small and medium-sized enterprises cam receive funds for such purposes as production upgrading, scientific research, inventories purchase and expansion of day-to-day operations.
The RBD’s funds will be channeled to enterprises in the Samara and Ulyanovsk Oblasts. The allocated resources will be forwarded to the enterprises engaged in the consumer goods industry, telecommunications and printing production.
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