South West | Finance, business

RusBD to loan $24.5m to Krasnodar small firms

3 Aug '09
Russian Bank of Development (RusBD) has announced plans to loan a total of $24.5m to small businesses in Krasnodar region.

The funds are reportedly to be distributed between 13 Krasnodar banks and bank offices, which have applied for the program.

Krasnodar banks are to receive the funds at 10.5% interest.
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Locations: Krasnodar Krai

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