OREANDA-NEWS. April 29, 2008. The Bank of Moscow took part in the conference "Developing sponsorship provided for Small and Medium Business in the Samara Region: Attractiveness, Efficiency, New Directions". A lot of organizations were represented at the conference: municipal agencies of the Samara Region, regional bodies involved in sponsoring small and medium business, banks and other entities.

The participants of the conference discussed aspects of cooperation of small and medium enterprises with the Credit Financing Contribution Fund for Moscow Small Business entities in the Samara region. Maxim Shindyapkin, the Managing Director of the Medium and Small Business Department of the Bank of Moscow, outlined the experience in financing of small and medium enterprises guaranteed by the Fund.

"Joint program of the Bank of Moscow and the Credit Financing Contribution Fund for Small Business of Moscow proves its efficiency in all regions of the country," said Maxim Shindyapkin. "Businessmen of the Samara region were already provided with our credit products guaranteed by the Fund. Noteworthy that our experience in arrangement of this work in the regions attracted great interest of the conference participants. I am convinced that the products of the Bank, including those with partial security of transactions guaranteed by the Fund, will be in demand of businessmen of the Samara Region."

The Bank of Moscow intensifies its activity in developing financing of small and medium business: the results of the last year prove that its portfolio increased by 1.7. At present the volume of loans granted to small and medium companies exceeds 45 billion rubles.

In the picture: Maxim Shindyapkin, the Managing Director of the Medium and Small Business Department of the Bank of Moscow.