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"Megabank" PLC is launching the second stage of the programme for crediting SME within the bounds of cooperation with the European Bank for Reconstruction and Development
06/03/2008

On the 27-th of February 2008 "Megabank" PLC received the next tranche from the European Bank for Reconstruction and Development in the sum of 2,5 mln USD within the bounds of SME crediting. The present tranche is a starting point of the second stage of the programme realization. Within the frames of cooperation with the European Bank for Reconstruction and Development upon the SME crediting programme "Megabank" PLC received 8,750 thousand USD and 1 mln USD upon the programme for microcrediting.

As a reminder, on the 27-th of September between "Megabank" PLC and the European Bank for Reconstruction and Development there was the agreement for 5 years concluded. The agreement was for the total sum of 20 mln USD, out of which 12,5 mln USD are appointed to SME crediting and 7,5 mln USD to implement the microcrediting program.