OREANDA-NEWS. March 20, 2008. RODOVID BANK began the realization of the new program of crediting of small and medium business in Lviv and Lviv region. Gradually in every region of Ukraine, new points of sales of credit products appear, that are directed on support of small enterprises. The new program of crediting is already realized in Dnepropetrovsk, Poltava, Kiev, Donetsk, Odessa regions. "Now the enterprises of Lviv and Lviv region will be able to get microcredits. The microcredititing program was developed specially for small and medium business with the target of the maximal rapid and flexible reacting on the necessity of our clients", - Mr. Sergey Tsybulenko, the Head microcrediting department of "RODOVID BANK", said. According to him, microcredits are granted for replenishment of the floating capital, acquisition of the fixed capital (equipment, motor transport), development of business. Term of crediting of the new program is from 3 to 60 months, depending on the type of product. Unsecured credit ("S.O.S. credit") can be completed during 24 hours and mortgage ("Micro credit ","Small credit" – during 2-5 days.

On crediting of the small and medium businesses, the facilities of credit line of the European Bank for Reconstruction and Development (EBRD) will be directed by the Bank. As of October, 12, 2007 the Credit Agreement was signed by EBRD and RODOVID BANL on a sum of 10 million USD. The main task of the credit line is the support of development of crediting of small and medium business in Ukraine. The introduction of microcredititng program in RODOVID BANK is carried out jointly with the Microcrediting Program in Ukraine (MPU)) and IPC consulting company. Till the end of 2008, RODOVID BANK plans to open 30 point of sales of credits for small and medium business. This year, the Bank plans to introduce the program of the mortgage crediting for legal entities. "Mircocrediting" - it is a large and perspective market. There is a considerable layer of the middle class in the wealthy countries of the world which is generated by the gross service-industry – small and medium-sized enterprises", - Mr. Denis Gorbunenko, the Chairman of the Board of RODOVID BANK, said.