RBD Developed New Credit Product
OREANDA-NEWS. July 01, 2011. RBD offers its partners a new credit product to support SMEs incorporated and operating in the North-Caucasus Federal District, the Nenetsk Autonomous District, the Republic of Tyva, the Republic of Adygeia and 335 monoprofile municipalities (monocities) of the Russian Federation, reported the press-centre of RBD.
“This product is earmarked for SME support in distressed Russian regions seeking for unconventional SME support mechanisms”, specified Olesia Teploukhova, Member of the Board – Deputy Chairman of the Board of RBD. The new credit product provides funds for purchase of equipment, transport vehicles and special machinery.
The Leasing-Region credit product is priced at 7.0% p.a. Liabilities of smaller leasing companies must be secured by a lending institution that complies with RBD requirements.
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