OREANDA-NEWS. September 19, 2014. SME Bank (Vnesheconombank Group) has allocated RUB 250 million for SME support in the Chelyabinsk Region via a regional partner bank – Chelindbank OJSC.

Thereof  RUB 150 mln is channeled for innovative and modernization-related projects and RUB 100  million for micro lending to small and medium enterprises.

The Chelyabinsk Region actively attracts affordable resources for economic development of the region. According to the Bank’s research the region ranks 14 out of 83 demonstrating efficient utilization of the State SME Support Program.

Since the beginning of the Bank’s Program implementation over 1100 enterprises in the region have received nearly RUB 10 billion in lending support. 73% of resources were channeled to the innovative sector.