Billion euros for Russian small and medium-sized businesses

For lending to small and medium enterprises of the Russian Federation will allocate about one billion euros. The European Bank for Reconstruction and Development will allocate one billion euros in loans for MB RF. According to a source, the money will be issued under the guarantee of Vnesheconombank. We remind you that before Vnesheconombank already borrowed 200 million euros from the German KfW banking group for small business lending in Russia. According to the source, in the beginning it was planned that Vnesheconombank forward to lending to small and medium-sized businesses about 30 billion rubles. This amount corresponds to the size of loans last year. But in a crisis, in the amount of money allocated for lending to small and medium-sized businesses have changed and the amount has increased significantly. Now, reports Vladimir Dmitriev - the head of corporate development, to support small business banks in the country of Russia will send about 100 billion rubles.