OREANDA-NEWS. November 11, 2010. Sergey Krjukov, Chairman of the Board of RBD made a report at the session “On the Banking Industry Trends and Accessibility of Banking Services in the North-Caucuses Federal Okrug” that was held by the Council of Federation Committee on Financial Markets and Money Circulation in Nalchik (the Republic of Kabardino-Balkaria), reported the press-centre of RBD.

Speaking about the prospects of SME lending in NCFO Mr.Krjukov pointed out that in 2010 some regions of the okrug had completely used the limits set for them under the RBD Program. As of today 7 banks and 1 infrastructure organization are involved in the program in NCFO. Basically they represent multi-branch banks with representative offices in the NCFO regions.

The session was chaired by the Chairman of the Council of Federation Committee on Financial Markets and Money Circulation Dmitry Ananiev and Chairman of the Government of Kabardino-Balkaria Alexander Merkulov. The session was attended by the Bank of Russia Board Member, Director of Licensing and Financial Restructuring of Credit Organizations Mikhail Suhov, General Director of the State Corporation “Deposit Insurance Agency” Alexander Turbanov, representatives from bank associations, interested federal agencies, business and banks.