SME of Regions to Receive RBD Funds through Counter-Party Bank Legion
OREANDA-NEWS. November 18, 2009. Under the SME Lending Support Program the Russian Bank for Development has extended a special-purpose loan worth RUR 83 million to the Commercial Bank Legion, reported the press-centre of RBD.
Pursuant to the loan facility agreement the allocated resources will be channeled to SME lending in the Ivanovo Oblast (RUR 25 million),the Nizhny Novgorod Oblast (RUR 28 million), the Omsk Oblast (RUR 23 million) and the Vladimir Oblast (RUR 7 million). SME lending will be accomplished through the Bank Legion branches in these regions.
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