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SDM-Bank scales up its partnership with SME Bank

09.01.2017

SDM-Bank scales up its partnership with SME Bank         

At the end of December 2016, SDM-Bank and SME Bank signed RUB 600 mln credit line agreement for a period of two years. Under this government program SDM-Bank will provide financing to small- and medium-sized companies using factoring mechanism. This is already the third agreement signed within the framework of SME Bank program called “Bank as the Development Factor”.

SME Bank http://www.mspbank.ru/en/ implements the state-run programs of financial support to the Russian small and medium-sized enterprises since 2004.

SDM-Bank is a partner of SME Bank since 2009.

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