OREANDA-NEWS. January 3, 2013. SME Bank (Vnesheconombank Group) and ROST Bank (Moscow) have concluded a number of loan agreements for a total amount of RUB 300 million. The financing is provided under Factoring-Bank, MFO-Bank and Refinancing of the Non-trade Sector credit products.

According to the agreements RUB 150 million will be channeled for lending support to SMEs in St. Petersburg as well as in the Bryansk, Volgograd, Kaliningrad, Kursk, Orel and Saratov Oblasts. The interest rate for the entrepreneurs will not exceed 16% p.a. Other resources are destined for micro-financing of SMEs and for financing of entrepreneurs under assignment of receivables.