OREANDA-NEWS. July 01, 2011. Sviaz-Bank has given its one-thousandth loan to small and medium-size businesses within the framework of the Lending Program it launched in September 2009 to make loans to businesses in this market segment. By June 1, 2011, Sviaz-Bank’s portfolio of loans issued to small and medium-size businesses had gone over 7billion rubles, reported the press-centre of Sviaz-Bank.

By yearend 2011, the Bank wants to increase its portfolio of loans to small and medium-size businesses to 10 billion rubles.

The Bank gives loans to small and medium-size businesses within the framework of its current programs and on an individualized basis: the total amount of funding over the 20 months since loans have been issued to small and medium-size businesses has reached approximately 12.1billion rubles.

The Expert magazine ranks Sviaz-Bank in 29th place for the size of the Bank’s portfolio of loans it gave small and medium-size businesses in 2010.