Bank of Moscow Support Small and Medium Business Development
OREANDA-NEWS. July 27, 2011. The Bank of Moscow has expanded its cooperation with the Moscow Government in the sphere of small and medium business support including assistance and support to green horns in business.
The clients attracting the Bank’s resources are offered to resort to a number of state programmes. In more details it is compensation for loan interest rates and recovery of costs incurred in connection with receipt of guarantees of the Moscow Fund for Crediting Small Business.
The Bank of Moscow takes an active part in development of the small and medium business credit market. Thus from 1 to 20 June 2011 the Bank of Moscow extended credits to businesses to the amount of RUR 2.1 bln.
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