Bank News

SME Bank Has Provided RUB 100 Million for SME Support in St. Petersburg

17 Ноября 2014

SME Bank (VEB Group) and BFA Bank (St. Petersburg) have concluded a loan agreement for RUB 100 million on financing of modernization-related and energy efficiency projects of small and medium-sized enterprises. Thereby BFA Bank has become a new SME Bank’s partner under the SME Lending Support Program.

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

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