OREANDA-NEWS. January 06, 2015. SME Bank (VEB Group) and the Vologda Oblast Government have concluded a long term mutually beneficial cooperation agreement on SME development in the Vologda Oblast.

On behalf of SME Bank the agreement was signed by Sergey Krjukov, SME Bank CEO and on behalf of the region – by Oleg Kuvshinnikov, the Vologda Oblast Governor.

SME Bank has provided support to the regional SMEs since 2004. Over the period of the Bank’s Program implementation 622 enterprises in the Vologda Oblast have received support for over RUB 3.4 bln.