Bank News

SME Bank Intends to Increase its Market Share to 15%

14 Января 2014

In line with the SME Bank’s Development Strategy the total amount of resources provided to small and medium-sized enterprises via microfinance organizations was RUB 3.89 billion as of the end of 2013. By the end of 2015 the Bank intends to increase its microfinance market share to 15% (from 8.9% at present).

SME Bank partners have concluded 5846 microfinance agreements predominantly with SMEs in the Belgorod, Ivanovo and Sverdlovsk Oblasts, the Republic of Sakha (Yakutia) and Tatarstan.

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