The Russian Bank for Development is continuing to build up the SME Lending Support Program within which a loan facility agreement was signed with ZAO FIA-BANK (Tolyatti) for a total amount of RUR 70 million. Pursuant with the agreement the allocated resources will be channeled to SMEs in the Republic of Bashkortostan.
The end-users of the loans are small and medium enterprises engaged in construction, car service and trade.
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