OREANDA-NEWS. December 31, 2014. SME Bank (VEB Group) and BFA Bank (St. Petersburg) have concluded a loan agreement for RUB 100 million on financing of modernization-related and energy efficiency projects of small and medium-sized enterprises.

Thereby BFA Bank has become a new SME Bank’s partner under the SME Lending Support Program.

The resources are allocated for 5 years under FIM Targeted credit product at an interest rate of below 13.25% p.a.