OREANDA-NEWS. May 30, 2011. The Russian Bank for Development has disbursed RUB 60 million to Dagenergobank (the Republic of Dagestan) for tied on-lending to small and medium-sized enterprises in the region, reported the press-centre of RBD.

The funds are provided with a three-year maturity under Refinancing – Region credit product developed for distressed Russian regions.

Dagenergobank is going to distribute the allocated resources to local SMEs preeminently in construction and manufacturing.