OREANDA-NEWS. November 23, 2010. The Russian Bank for Development and the Republic of Ingushetia have signed a cooperation agreement in the area of SME support. The document was signed by Sergey Krjukov, Chairman of the Board of RBD and Alexei Vorobiev, Chairman of the Government of Ingushetia during the business trip of the head of RBD to the North-Caucasus Federal Okrug, reported the press-centre of RBD.

The Head of Ingushetia and the RBD’s CEO discussed the entrepreneurship development, improvement of the investment climate, jobs creation as well as implementation of the State SME Lending Support Program in the region. The agreement envisages SME lending support with the view to facilitate small business development in Ingushetia via partner-banks, Leasing companies, regional funds and other SME infrastructure support entities.

“Formation of the SME lending support system in the Republic of Ingushetia shall be based on cooperation with the banks operating in the Republic, existing and new funds and other SME infrastructure support entities. This system will make financial and non-financial resources available for SMEs. Moreover information and consultancy support to small business in the Republic of Ingushetia is very important”, pointed out S. Krjukov.