International Practical Conference «Russian Financial Market» International Practical Conference «Russian Financial Market»
SMALL AND MEDIUM BUSINESS AS THE BASE OF THE STABLE CIVIL SOCIETY
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News

03/05/2007

The National Bank "TRUST" has expanded the geography of the program of lending small and medium business

National bank "Trust" reported on the expansion of geography of the program of lending small and medium-sized businesses. Now, entrepreneurs from Kursk, Pyatigorsk and Kazan may receive credit for their business development. Since starting the program in these cities the number of regions in which NB "Trust" provides loans to small and medium-sized businesses, has increased to 53.
"To date we are working in 53 regions by the end of 2007 our goal - a working program of lending businesses in 95 cities of Russia", - said Managing Director for the development of small and medium-sized businesses of National Bank "Trust" Nadiya Cherkasova.
NB "Trust" has funded in the sector of small and medium businesses for more than 170 million dollars, borrowed funds were about 7 thousand entrepreneurs.

Source: M3-Media

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