OREANDA-NEWS. November 19, 2009. The Russian Bank for Development is attracting new counter-party banks to the SME Lending Support Program and is intensifying SME funding in the regions of the Russian Federation, reported the press-centre of RBD.

As part of this work RBD signed a loan facility agreement with Credit Europe Bank Ltd. Pursuant to the agreement RBD is to grant a loan worth RUR 106 million for SME lending in the Central, North-Western and Southern Federal Okrugs.

The funds under the RBD’s Program are available for borrowers in the branch offices of Credit Europe Bank in Moscow (RUR 41 million), St.Petersburg (RUR 14 million), Krasnodar (RUR 8 million), and in the Republics of Bashkortostan (RUR 33 million) and Tatarstan (RUR 10 million).