OREANDA-NEWS. February 03, 2010. Resources under the Public SME Lending Support Program implemented by RGD are becoming available for SMEs in the Republic of Ingushetia.  The relevant possibility is provided in the agreement signed with AKIB EDUCATION (ZAO); via its branch office small and medium-sized enterprises in Ingushetia will obtain loans, reported the press-centre of RBD.

Pursuant to the agreement RBD has extended to a partner-bank a loan worth RUR 121 million. At that RUR 50 million are channeled to support SME in the Republic of Ingushetia. Moreover the loans will be provided to SMEs in the Novosibirsk (RUR 22 million), Tula (RUR 20 million) and Kaluga (RUR 9 million) Oblasts and the Altay Republic (RUR 20 million). The resources will be earmarked to support small businesses of these regions in construction of residential units, purchase of equipment, trade of lubricants, metal and glass.