Center-Invest Bank Signs New Agreement with IFC
OREANDA-NEWS. March 31, 2014. Center-invest Bank signed a new agreement with IFC for a three-year, RUB600m loan (equivalent to USD16.5m) for on-lending to small and medium-sized agricultural enterprises in southern Russia.
Center-invest Bank is a leader for energy efficiency finance. In 2013 we lent more than RUB2.1bn for energy efficiency projects.
Total lending to sole traders and SMEs in 2013 was RUB67.7bn and our loan and lease portfolio for the SME sector was RUB28bn. Center-invest Bank accounts for a quarter of all long-term loans made to SMEs in the Rostov region for investment purposes.
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