The Russian Bank for Development that is implementing the SME Lending Support Program has extended 3 loans to AKB Investbank (OAO) (Kaliningrad) for a total amount of RUR 600 million.
The RBD’s resources are channeled to finance small and medium-sized enterprises engaged in manufacturing, construction, trade, and services including transportation via the branch offices of AKB Investbank in St.Petersburg (RUR 84 million), Moscow (RUR 23 million), the Kaliningrad (RUR 200 million), Voronezh (RUR 130 million), Sverdlovsk (RUR 90 million), Samara (RUR 13 million) and Rostov (RUR 60 million) oblasts.
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