OREANDA-NEWS. December 24, 2012. SME Bank (Vnesheconombank Group) was awarded the Time of Innovations Award in the “Innovative Program of the Year” nomination for its programs developed to support innovative-related projects of small and medium-sized business.

The award received Peter Tarasov, Deputy Chairman of SME Bank. “Innovations are very important as an impetus for economic development and competitive power growth, - pointed out Peter Tarasov. – Our project “Modernization. Innovation. Development” enables to select modernization ideas of SMEs and provide adequate support via the partner-banks and non-bank financial institutions”.