OREANDA-NEWS. May 10, 2013. SME Bank (Vnesheconombank Group) has financed a modernization-related project of OOO “Istoki” (Novyi Svet settlement, the Omsk Oblast).

The total cost of the project is RUB 131,7 million, there of 90 million are provided by SME Bank via ACB Investtorgbank under the SME Lending Support Program.

The support is provided under SME – Manoeuvre credit product; the borrowing cost for OOO “Istoki” is 12.5% p.a. The project envisages construction of two granaries. New facilities will enable to store up to 15 thousand tons of grain, seeds of grain crops, leguminous and other plants.