News by tag: SMEs finance

IIB is funding SMEs in Russian regions

IIB is funding SMEs in Russian regions

International Investment Bank extended a loan to JSC «Spurt» in the amount of EUR 15 million, with a loan term of five years. The purpose of the loan is financing innovative, modern and energy-efficient projects of small and medium business. JSC"Spurt" — is a universal, regional and commercial bank, the shareholders of which are the largest enterprises of the gas and petrochemical industries…  Read more
IIB provided a loan to Transcapitalbank

IIB provided a loan to Transcapitalbank

On January 28, 2013 International Investment Bank provided a EUR 20 million loan to Transcapitalbank. The loan maturity is five years within the framework of the International Finance Corporation (IFC) joint program (http://www.iibbank.org/ru/news/191) of the support of the initiatives of the Russian small and medium enterprises in the sphere of energy-efficient technologies and the usage of renewable power sources. Such…  Read more
IIB supports small and mid-sized businesses of Bulgaria

IIB supports small and mid-sized businesses of Bulgaria

The Board of the International Investment Bank endorsed opening a credit line to the Bulgarian Bank of Development for the support of small and mid-sized businesses of Bulgaria. The total bank credit will amount to EUR 20 million. The loan will be provided for a term of seven years. In addition to financing end-use borrowers, the BBD can give loans to the Bulgarian commercial banks to fund similar projects. The credit line…  Read more