OREANDA-NEWS. November 23, 2012. SME Bank (Vnesheconombank Group) has extended a loan to OJSC Moscow Credit Bank - the participant of the SME Lending Support Program, reported the press-centre of SME Bank.

This is the fifth agreement with the Credit Bank ofMoscowunder the Program – the cooperation of two financial institutions started in August, 2010.

The loan of RUB 800 mln with a one-year maturity was extended within Factoring-Bank credit product. The financial resources are destined to entrepreneurs involved in manufacturing, construction, agriculture and services.

Nearly 1500 SMEs have received lending support within this credit product since November 2009, as of today the amoun of loans exceeds RUB 17.5 bln.