OREANDA-NEWS. June 05, 2013. The Management Board of SME Bank (Vnesheconombank Group) has decided to reduce interest rates by 25 bps for the following credit products SME-Idea, SME-Manoeuvre, FIM-Targeted and SME-Regional Growth.

The reduction applies first and foremost to credit products for innovative and modernization-related projects of manufacturing SMEs as well as for companies operating in the regions with unfavorable social and economic  conditions  (The Republic of Tyva,  Chukotka Autonomous Okrug, Zabaykalsky Krai, the republics of the North-Caucasian Federal District), and in monoprofile towns.

The Bank’s Board has made this decision in order to support entrepreneurs who seek long-term financing of investment projects.