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Appreciation of the Bank active operation by the St.Petersburg small and middle business assistance fund

05.07.10

On the small and middle business assistance fund board of guardians meeting leaded by Mikhail Oseevskiy, St.Petersburg vice-governor, a decision has been taken to increase the limit to the Credit Moscow Bank (OJSC) by 20 million rubles. This decision is conditioned by the Bank active work on the Fund program.

The small and middle business assistance fund was established by the St.Petersburg Government to develop in the region the small entrepreneurship crediting system, system of guarantees and pledges on small enterprise entities liabilities based on loan agreements, loans and leasing agreements.

 



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