Bank Vozrozhdenie Ranked 3rd in Russia by Loans to SMEs
OREANDA-NEWS. April 26, 2011. In accordance with rating agency RBC Bank Vozrozhdenie was ranked third among Russian banks by the volume of loans issued to SMEs in 2010, reported the press-centre of Bank Vozrozhdenie.
“Traditionally the bank gains leading positions in ratings on SME loans. Share of SME portfolio historically comprised more than a half of the corporate loan book. The bank covers 21 regions of Russia, where our branches actively support small and medium enterprises of the real sectors of economy. We are going to keep developing the key component of our corporate business strategy, enhancing volume of loans issued to SME in the regions of our presence,” — comments Lyudmila Goncharova, Deputy Chairwoman of the Management Board.
Small and medium enterprises historically were among our key clients and represented essential component of the business strategy. Under this strategy the bank actively participates in the state program of SME support realized by RosBR, cooperates with Funds of the assistance for SME financing in many regions of presence, consistently gaining leading positions in granting loans to small and medium enterprises.
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