OREANDA-NEWS  On 19 February was announced, that the first after RBD’s incorporation in the State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” meeting of the renewed Supervisory Board of RBD was held. In accordance with the directive of Vnesheconombank - the only shareholder of RBD – the Supervisory Board is composed of: Mikhail Kopeikin, Member of the Board - Deputy Chairman of Vnesheconombank; Sergey Borisov, President of the Non-government Organization of Small and Medium-sized Business “OPORA ROSSII”; Andrei Sharov, Director of  the Department for State Earmarked Programs, RF Ministry for Economic Development; Alexei Eskindarov, SME Department Director, Vnesheconombank; Sergey Krjukov, Chairman of the Board of RBD.

Mikhail Kopeikin was elected Chairman of the Supervisory Board of RBD. Moreover the Supervisory Board has approved the business-plan of RBD for the year 2009 which provides for amplifying SME lending support up to RUR 30 billion. The given resources will be channeled to SME funding through an extensive network of the counter-party banks, as well as to funding SME infrastructure entities – leasing and factoring companies, micro-finance institutions and others – for the purpose of their subsequent support to small and medium enterprises. Furthermore the Supervisory Board took notice of the RBD’s Board work statement for 2008.