SME Bank Will Provide RUB 500 mn to Banca Intesa for SME Support
OREANDA-NEWS. January 29, 2013. SME Bank (Vnesheconombank Group) has concluded the first loan agreement with Banca Intesa (Moscow) under SME Lending Support Program, reported the press-centre of SME Bank.
The financing in the amount of RUB 500 million was provided for 5 years under FIM Targeted credit product.
The funds will be channeled to enterprises implementing innovative, modernization-related and energy-efficient projects in the regions of presence of Banca Intesa - Central, North-Western, Uralian, Siberian, Privolzsky, South and Far-Eastern federal districts. The interest rate for ultimate borrowers will not exceed 12,5% p.a.
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