OREANDA-NEWS. September 09, 2011. SME Bank under the State SME Lending Support Program has granted a new loan of RUB 300 million to Baltinvestbank (St.Petersburg). The resources are destined for modernization of SMEs’ production facilities, purchase of new equipment and expansion of operating capacities, reported the press-centre of SME Bank.

SME Bank’s and Baltinvestbank’s funds will be channeled to SMEs in the Arkhangelsk, Bryansk, Vologda, Leningrad, Samara and Sverdlovsk Regions, the Krasnodar Kray and St. Petersburg.

Baltinvestbank is going to provide financing to SMEs engaged in construction, transportation services, real property lease and production of automobile chemicals and textile.

SME Bank under the State SME Lending Support Program has granted a new loan of RUB 300 million to Baltinvestbank (St.Petersburg). The resources are destined for modernization of SMEs’ production facilities, purchase of new equipment and expansion of operating capacities.

SME Bank’s and Baltinvestbank’s funds will be channeled to SMEs in the Arkhangelsk, Bryansk, Vologda, Leningrad, Samara and Sverdlovsk Regions, the Krasnodar Kray and St. Petersburg.

Baltinvestbank is going to provide financing to SMEs engaged in construction, transportation services, real property lease and production of automobile chemicals and textile.