OREANDA-NEWS. December 02, 2009. The Russian Bank for Development under the SME Lending Support Program is extending the geographical coverage of SME lending support through leasing companies by attracting to cooperation the leading operators of this market. Within the framework of this work the lending limit worth RUR 500 mln. with a 5-year maturity was opened to RESO-Leasing (Moscow), reported the press-centre of RBD.  

The allocated resources will be channeled to finance leasing transactions with SMEs that operate in the North-Western, Central, Southern, Volga, Ural and Siberian Federal Okrugs of the Russian Federation.

According to Sergey Krjukov, Chairman of the Board of RBD the procedure for SME support through leasing companies developed by the bank shows its topicality in the Russian regions. “Cooperation with such companies as RESO-Leasing that have a wide regional network and efficient product range makes available RBD’s resources to a great number of borrowers thus meeting our mutual objectives”, - he accentuated.