Rosbank became a partner of Saint-Petersburg lending assistance to SMEs Fund

On June 30th, 2009, the Rosbank’s northwest branch and Saint-Petersburg lending assistance to SMEs Fund signed a co-operation agreement. As part of the agreement Fund will act as a guarantor of SMEs with insufficient bid coverage.

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The credit portfolio of the Volgograd branch of the Bank of Moscow has topped 8 billion roubles The branch is working successfully both in lending to legal entities and individual entrepreneurs, the volume of loans amounting to 5.3 billion roubles, and in the sphere of lending programmes private individuals. [Read...]