OREANDA-NEWS. December 25, 2012. SME Bank (Vnesheconombank Group) and Krayinvestbank have signed a loan agreement providing RUB 1 billion for 5 years under SME-Impetus credit product and RUB 150 million for 3 years under SME-Regional Growth credit product. The borrowing cost for the end users will not exceed 14.25% and 14% p.a. respectively.

Financial support will be provided for SMEs in the Krasnodar Kray and other regions. The resources are destined for creation of material basis of new enterprises, expansion of operating capacities, purchase, repair and modernization of production facilities.