OREANDA-NEWS. December 03, 2012. SME Bank (Vnesheconombank Group) and ERMAK (Nizhnevartovsk) have signed a loan agreement for RUB 200 million with a 3-years’ maturity. The loan is extended within SME - Regional Growth credit product, reported the press-centre of SME Bank.

The new loan is a real contribution of both institutions to modernization of SME's manufacturing facilities.

SME Bank has cooperated with ERMAK Bank since 2005. During this period the financial institutions have concluded 12 loan agreements for over RUB 500 mln. The main clients of ERMAK Bank operate in the Khanty-Mansi Autonomous Okrug - Yugra.