OREANDA-NEWS. January 6, 2010.  The Russian Bank for Development is intensifying SME lending support in the Republic of Tatarstan. Implementing the SME Lending Support Program RBD has extended loans under the program “Refinancing” for a total amount of RUR 323 million. In particular, the funds were granted to OAO AIKB Tatfondbank (RUR 255 million), KBER Bank Kazani (RUR 25 million) and ZAO GKB Avtogradbank (RUR 43 million).

The allocated resources are channeled to small and medium-sized business of the Republic of Tatarstan via the offices of the counter-party banks. The financing shall be provided to small and medium-sized enterprises involved in industry and services.