OREANDA-NEWS. June 10, 2014. “SME Bank has provided approximately RUB 10 billion for SME support in the Volgograd Oblast, nearly 700 enterprises have been financed” said Anna Zvereva, Deputy Chairman of the Board of SME Bank (Vnesheconombank Group) at a panel discussion in Volgograd.

The event was organized with in the Financial Awareness and Consumer Rights Protection Week in the Lower Volga Region. It was attended by representatives of business community and college students.

In the Volgograd Oblast SME Bank cooperates with 55 partners: banks, factoring and microfinance companies. Over 52% of the allocated resources were channeled for innovative SMEs; tenors of over 62% of the loans exceed three years.