OREANDA-NEWS. October 15, 2010. The rankings published by the RBC.Rating Agency that total up the results of six months of 2010 put Sviaz-Bank among the biggest banks operating on the loan market for small and medium-size businesses, reported the press-centre of Sviaz-Bank.

The preamble to the report on the survey conducted by the Agency says: “The amounts of loans made to small and medium-size businesses in Russia are growing gradually.”

In the Agency’s assessment, Sviaz-Bank is 35th among the biggest banks in the amount of loans made to small and medium-size businesses in the first six months of 2010. The 1.9 billion rubles it gave in loans over this period is 997% more than it had issued by July 1, 2009. With a loan portfolio of 4.2 billion rubles, or 35% more than it had in its loan portfolio on the reporting date of last year, Sviaz-Bank is 28th among the banks that had issued loans to small and medium-size businesses by July 1, 2010.

Today, Sviaz-Bank operates two programs of lending to small and medium-size businesses – Growth Capital and Working Capital. The Growth Capital program is designed to finance a company’s non-working capital (purchase of property, costs of property repairs, and so on). Loans made under the Working Capital program serve to replenish a company’s working capital, including payment of arrears on taxes and levies, wage payments, and so on. Loans are made in amounts of 15 million to 60 million, depending on program preferences.