SME Bank Provides RUR 250 M to Asian-Pacific Bank for SME Support
OREANDA-NEWS. July 17, 2014. SME Bank (Vnesheconombank Group) has provided RUR 250 million to Asian-Pacific Bank for support to small and medium enterprises in the Amur Oblast, Kamchatka and Krasnoyarsk Krays and the Republics of Buryatiya and Sakha-Yakutia.
RUR 150 million will be channeled for energy-saving and innovative projects as well as for modernization of production facilities. RUR 100 million will be provided for non-trade SMEs operating in the above regions including mono-cities.
Over the period of implementation of the SME Lending Support Program SME Bank has provided to Asian-Pacific Bank RUR 4.8 billion.
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