OREANDA-NEWS. December 24, 2012. A meeting between Sergey Krjukov, SME Bank’s CEO and the delegation of the Government of the Sakha (Yakutia) headed by its Chairperson - Galina Danchikova was held in SME Bank (Vnesheconombank Group). The participants discussed prospects of cooperation of SME Bank with the republic in the area of SME support.

According to Galina Danchikova the government of the republic pays special attention to this sector and to the cooperation with SME Bank. “Currently the small and medium business and in particular the agriculture of the republic strongly need credit resources. Bearing this in mind we have established the Foundation for Small Business Development”, said Mrs.Danchikova

“We meet the same challenge: SME development in Yakutia. The main component of our work is openness and transparency for citizens”, pointed out Sergey Krjukov. In addition the parties discussed the mechanisms of multi-channel financing and the possibility of establishing a direct investment fund in the republic.