OREANDA-NEWS. December 30, 2014. SME Bank (VEB Group) and Raiffeisenbank have concluded the first loan agreement for RUB 600 million under the SME Lending Support Program.

The resources are provided under FIM-Targeted credit product for 5 years at an interest rate of below 13.25% p.a.

The support will be provided for SMEs implementing innovative and modernization-related projects, for purchase of intangible assets (patents, licences, and etc.), construction and modernization of production facilities as well as for purchase and repair of capital assets.