OREANDA-NEWS. March 24, 2009. The Russian Bank for Development is continuing implementation of the government program for SME lending support by attracting new counter-party banks – a facility agreement had been concluded with OAO Russian Joint-stock Commercial Road Bank (Moscow), and according to this agreement the size of the loan will amount to RUR 100 million, reported the press-centre of Russian Bank for Development.

The allocated resources will be channeled to the special-purpose financing of small and medium enterprises both by the main bank, and by its regional subsidiaries.

Inter alia, RBD’s resources will be used for financing a number of SME projects in the South Federal Okrug.