ОАО "RBD" approved credit limit of LLC "LCSB-RT"

19 June 2009, Friday
Within implementation of the State support program for small and medium-sized entrepreneurship by the Russian Bank for Development (RBD), credit limit was approved for LLC “Leasing Company of Small Business of the Republic of Tatarstan” on March 27, 2009. From June 5, 2009, until now, 4 projects have been financed in the sphere of real economy for small entrepreneurship entities. Director of LLC "LCSB-RT," Airat Kaumov, said that the size of credit limit was 50 mln. rub., and funds should be channeled for acquiring technological equipment.
RBD provides financial support for SME at the expense of financial means, appropriated according to the State support program for SME, through banks-partners and organizations from support infrastructure (LLC "LCSB-RT" refers to such organizations). It is possible to get financial support for an enterprise or individual entrepreneur that refer to the category of SME entities and meet the credit standards (terms) for SME. To obtain support, SME needs to address itself to the Program participant (bank or organization from support infrastructure). ОАО “ RBD ” does not provide financing or other types of service directly to SME entities.
According to the results after examination of leasing market by the rating-agency “Expert RA” for 2008, which were published on April 13, 2009, LLC "LCSB-RT" was listed amongst the 100 leading largest leasing companies of the Russian Federation. Comparing to the last year’s results, the Company improved its position, having risen 16 positions.
According to “Expert Volga” for 2008, LLC "LCSB-RT" ranked 19th among the largest leasing companies of the Volga region.

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