OREANDA-NEWS. May 24, 2011. As it is marked in the message of the European bank of reconstruction and development, thus, the bank continues to support real sector of the national economy: with new investments Banca Sociala can expand crediting of small and medium enterprises (SME) that will make them stronger and more competitive.

It is underlined that in the conditions of restoration of economy and the raised demand for financing from MSP, availability of bank credits to such enterprises remains limited. The new credit of the European Bank of Reconstruction and Development is intended for providing access for small enterprises to long-term financial resources necessary for them." We are proud that our old partner relations with Banca Sociala bring notable results ", - Frensis Melidzh, the director of the European Bank of Reconstruction and Development for financial institutions in the region of the Western Balkans, Eastern Europe and Turkey has told.

As a chairman of the Administrative Board of Banca Sociala Vladimir Suetnov says, from the beginning of cooperation with the European Bank of Reconstruction and Development, Banca Sociala has obtained credits for a total sum of 24 million euro. From the beginning of the activity in Moldova, the European Reconstruction and Development Bank has allocated credits for the sum of more than 460 million euro for various sectors of economy and has allowed to involve additional investments for the sum of over 320 million euro.