OREANDA-NEWS. December 25, 2009. Within the framework of SME Lending Support Program the Russian Bank for Development is continuing to provide funds to counter-party banks under the Program “Refinancing”. The scheduled tranche in the amount of RUR 346 million was extended under the loan facility agreement to AKB Peresvet (Moscow), reported the press-centre of RBD.

The allocated resources will enable to intensify SMEs in the Belgorod (RUR 54 million), Bryansk (RUR 21 million), Volgograd (RUR 46 million), Kursk (RUR 21 million), Lipetsk (RUR 99 million) and Penza (RUR 30 million) Oblasts and in the Republic of Udmurtia (RUR 23 million). Moreover the financial resources are channeled to lending support in the Yamalo-Nenets Autonomous Okrug (RUR 52 million) – thus Peresvet has completed the drawdown of the regional limit determined by RBD for SME lending in the YNAO.

Pursuant to the agreement the funds are earmarked for SME lending in the specified regions involved in road construction, mining and agriculture.