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  • Business credit guarantee agency for Russian SMEs approved
Russia Banking & Finance

Business credit guarantee agency for Russian SMEs approved

05/05/2014

Prime Minister Dmitry Medvedev has sanctioned the creation of a business credit guarantee agency that will provide warranty support to the SME sector. The authorised capital of the new agency has been set at RUB50bn. Lenta

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  • S&P lowers Russian credit rating
  • Russian banking system promised $15bn safety net by Medvedev
  • Banks consider setting up Russian credit rating agency
  • Russian Fisheries Agency HQ to move to Khabarovsk
  • Russian Development Fund set up to encourage innovation
Topics: SMEs

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