OREANDA-NEWS. January 27, 2011. The Russian Bank for Development has signed an agreement with NOMOS-BANK on providing a regular loan to SMEs worth RUR 2.5 billion with a 5-years’ maturity, reported the press-centre of RBD.

The funds are provided within a framework of Co-financing credit product under which small and medium-sized enterprises will receive support both using direct funding from RBD and from NOMOS-BANK. The share of the partner-bank in SME lending under the RBD Program will amount to 100%. Thus the total funding will reach RUR 5 billion.

NOMOS-BANK intends to allocate funds among  SMEs in the Altay, Baikal, Krasnodar, Krasnoyarsk and Perm Krays, the Belgorod, Volgograd, Vologda, Voronezh, Irkutsk, Kaliningrad, Lipetsk, Moscow, Novosibirsk, Omsk, Penza,  Rostov, Ryazan, Saratov, Samara, Sverdlovsk, Tomsk, Tula, Nizhny Novgorod, Ulyanovsk, Chelyabinsk and Yaroslavl Oblasts, the Republics of Tatarstan, Bashkortostan, Udmurtia, Chuvashia, in Moscow and St.Petersburg.

The allocated resources will be channeled to small and medium-sized enterprises producing foodstuff, engaged in passenger transportation, production of building materials, reequipment of motor vehicles and hotel services.