OREANDA-NEWS. On May 20, 2008 Nadezhda Martynova, Executive Vice Chairman of the Managing Board is assigned Chairman of the Committee for SME Financial and Credit Mechanism of the Association of Russian Banks, reported the press-centre of RBD.
 
Speaking in the capacity of the Chairman at the first meeting of the Committee N.Martynova in details informed the audience about the Bank’s SME loan support. Thus, according to Mrs.Martynova, SME loan support is the priority of the State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”.

“The corporate strategy adopted by the Supervisory Board provides for significant increasing of SME financing carried out by VEB through RBD”, - she said. In accordance with the document the SME loan portfolio by the end of 2012 will amount to no less than RUR 42 billion. The priority shall be given to industrial enterprises as well as SME infrastructure: special centers and agencies for SME development, innovation and technology centers, business-incubators, and science and technological parks.
 
Alongside with that the committee members have discussed the factors constraining the SME loan support. Vladimir Kievskiy, Executive Vice President of ARB made a report on this issue.