OREANDA-NEWS. April 01, 2014. SME Bank (Vnesheconombank Group) allocates resources for construction of a new soft shingle production plant in the Kirzhach District, the Vladimir Oblast.

The project is implemented by Docke Home Systems Ltd.

A credit line of RUB 100 million opened by SME Bank will be channeled for completion of construction  of production and warehouse facilities.

The project volume is RUB 850 million. The resources will be provided to the enterprise via Vozrozhdenie Bank under SME-Maneuver credit product for 3 years. The borrowing cost for the SME is 12.25% p.a.