Background

Memorandum on business support with the Russian Center for financial and credit support

On February 21, 2019, the International Bank for Economic Co-operation and the Center for Financial and Credit Support (CFCS) signed a Memorandum of Understanding, aimed at mutual support of projects in the Bank's member states, amongst other things by means of business support government programs.

CFCS is a recognized expert in the issues of attracting financial resources. The main goal of the organization is to increase the availability of financial instruments for entrepreneurs in the Russian Federation, as well as to simplify the access of entrepreneurs to credit, investment resources and government support measures. The founders of the organization are the All Russia Public Organization “Business Russia” and JSC “FIRST Group”.

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