Bank News

SME Bank and Credit Bank of Moscow Allocate RUB 200 Mln for SME Factoring Operations

09 Ноября 2016
 SME Bank and Credit Bank of Moscow intensify factoring-oriented cooperation. The partners have concluded a new loan agreement under Development Factor – Bank credit product for RUB 200 mln.

The financing will be provided to SMEs operating in monoprofile towns or regions with national development priority, contractors of large companies, residents of industrial and technological parks and SME-exporters.
SME Bank and Credit Bank of Moscow have cooperated under the SME Lending Support Program since 2010. The partners have concluded six loan agreements on SME support via factoring for RUB 3.6 billion.

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