OREANDA-NEWS. November 12, 2010. The International Forum “Integration of Russian Business into the World Economy as a Strategy to Boost Competitiveness” was held in Moscow on November 10-11.

Management Board Member – Vnesheconombank Deputy Chairman Mikhail Kopeikin acted as a host of the discussion session “Raising Investments on Russian and Foreign Markets to Boost Business Competitiveness”. The session’s participants addressed issues related to small and medium-sized enterprises’ (SMEs) access to long-term financial and credit resources as well as issues of banking lending technology designed to meet SMEs needs, activities of infrastructure organizations responsible for supporting SMEs including regional guarantee funds, micro-financial organizations, leasing companies. They also discussed efforts to search for and cooperate with investors at various stages of business development and international experience in raising investments for SMEs.

Speaking at the Forum’s plenary session, Mikhail Kopeikin said that by the end of 2010 Vnesheconombank’s support for small and medium-sized enterprises through its subsidiary bank – the Russian Development Bank (OJSC) would amount to about 100 billion rubles taking into account credit resources’ multiplier effect. In 2010, VEB’s subsidiary banks, namely, Svyaz-Bank (OJSC), GLOBEXBANK (CJSC), OJSC NTB extended credits to SMEs in the amount of more than 24 billion rubles.

In order to raise investments for small and medium-sized enterprises Vnesheconombank also cooperates with such foreign financial institutions as Germany’s Developement Bank – KfW, the European Bank for Reconstruction and Development, Intesa Sanpaolo SPA (Italy), Zurcher Kantonalbank (Switzerland).
OREANDA-NEWS. November 12, 2010. The International Forum “Integration of Russian Business into the World Economy as a Strategy to Boost Competitiveness” was held in Moscow on November 10-11.

Management Board Member – Vnesheconombank Deputy Chairman Mikhail Kopeikin acted as a host of the discussion session “Raising Investments on Russian and Foreign Markets to Boost Business Competitiveness”. The session’s participants addressed issues related to small and medium-sized enterprises’ (SMEs) access to long-term financial and credit resources as well as issues of banking lending technology designed to meet SMEs needs, activities of infrastructure organizations responsible for supporting SMEs including regional guarantee funds, micro-financial organizations, leasing companies. They also discussed efforts to search for and cooperate with investors at various stages of business development and international experience in raising investments for SMEs.

Speaking at the Forum’s plenary session, Mikhail Kopeikin said that by the end of 2010 Vnesheconombank’s support for small and medium-sized enterprises through its subsidiary bank – the Russian Development Bank (OJSC) would amount to about 100 billion rubles taking into account credit resources’ multiplier effect. In 2010, VEB’s subsidiary banks, namely, Svyaz-Bank (OJSC), GLOBEXBANK (CJSC), OJSC NTB extended credits to SMEs in the amount of more than 24 billion rubles.

In order to raise investments for small and medium-sized enterprises Vnesheconombank also cooperates with such foreign financial institutions as Germany’s Developement Bank – KfW, the European Bank for Reconstruction and Development, Intesa Sanpaolo SPA (Italy), Zurcher Kantonalbank (Switzerland).