OREANDA-NEWS. December 31, 2014. SME Bank (VEB Group) has proceeded to implement the refinancing option in the existing product line.

At the first stage the most popular bank’s credit product FIM Targeted was adjusted to provide refinancing to banks for SME projects of up to RUB 60 million at an interest rate of 10.25% p.a. (while under basic terms the interest rate is  9.25% p.a.).

FIM Targeted credit product is designed for support modernization-related, innovative and energy efficiency projects of SMEs.