OREANDA-NEWS. February 24, 2014. SME Bank (Vnesheconombank Group) is launching a new credit product - Leasing-Targeted. The product is designed for support to small and medium-sized business via leasing structures.

Leasing - Targeted is an improvement of SME Leasing - to Manufacturing and FIM Leasing - Targeted credit products implementing their sales experience and feedback from the partners.

The support under the credit product will be provided for tenors of up to 5 years, the amount of financing for an SME - up to RUB 60 million. The average annual cost increase of leased goods (i.e. interest rate) will not exceed 11.5%.