OREANDA-NEWS. August 17, 2010. The Russian Bank for Development under the SME Lending Support Program is intensifying SME lending in the Kirov Oblast, reported the press-centre of RBD.   

In particular, RBD has signed a regular agreement with AKB Vyatka-Bank (OAO). RUR 55 million are provided under the product Investments for a period of up to 5-years. The funds are provided for renewal of production facilities and for innovative projects.

AKB Vyatka-Bank will forward the RBD’s resources to SMEs engaged in production - logging and sawn timber industry, and manufacturing of metal doors. Loans will be provided to transport companies, in particular to those that are involved in passenger transportation.