RBD Opened Credit to SME Support Fund in St. Petersburg
OREANDA-NEWS. February 18, 2011. The Russian Bank for Development has opened a credit line to SME Support Fund “St.Petersburg – to Farmers, Gardeners and Personal Subsidiary Plots” worth RUR 25 million under Development credit product, reported the press-centre of RBD.
The Fund will channel the funds to SMEs in St.Petersburg and the Leningrad Oblast.
RBD funds will be used to finance heat-and-power engineering SMEs and to SMEs operating in landscape gardening, cargo transportation and municipal housing economy.
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