The Russian Bank for Development under the SME Lending Support Program has extended a loan to OAO National Trade Bank (Tolyatti). Pursuant to the agreement the allocated amount reaches RUR 53 million. National Trade Bank will distribute the funds among its representative offices in the Russian Federation: St.Petersburg (RUR 8 million), the Leningrad Oblast (RUR 30 million), and the Samara Oblast (RUR 15 million).
The allocated resources will be channeled by the partner-bank for on-lending to enterprises engaged in manufacturing activity, construction, car mending, hotel and restaurant business, transport and communications.
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