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On Thursday, June 1, 2017, as part of the St. Petersburg International Economic Forum 2017 the International Bank for Economic Co-Operation (IBEC) and Russian Small and Medium Business Corporation (RSMB Corporation) signed a Liaison Agreement.
On behalf of the International Bank of Economic Co-operation the document was signed by Irina Golovchenko, Chairman of the Board, and on behalf of the RSMB Corporation - by Alexander Braverman, General Director.
“Support to small and medium enterprises is one of the IBEC’s business priorities. The Liaison Agreement with the RSMB Corporation in the Bank’s country of residence alongside with the development of similar cooperation in other Bank’s member countries will facilitate the implementation of strategic objectives of the Bank”, Irina Golovchenko, Chairman of the Board of the International Bank for Economic Co-Operation, noted. The purpose of the agreement is joint implementation of measures to enlarge small and medium enterprises access to loan-based funding, provision of loan and guarantee support to small and medium-sized companies.
“Liaison between the Corporation and the International Bank for Economic Co-Operation under this agreement will enable us to join efforts to develop the direction of financial support to small and medium-sized companies”, Alexander Braverman, General Director of the RSMB Corporation, highlighted. – This work may result in the extension of the bank customer pool from SME, and further loan growth in this segment”.
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