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February 05, 2016 6:11 PM ET

Banks

Company Overview of Open Joint Stock Company Russian Bank for Small and Medium Enterprises Support

Company Overview

Open Joint Stock Company Russian Bank for Small and Medium Enterprises Support provides financial assistance for small and medium-sized enterprises (SMEs) in the Russian Federation. The company offers financial support for SME’s innovation, modernization, and energy-efficiency projects; microfinance and loans; and leasing and factoring services in non-trade sectors. It provides its funding services for partner-banks and non-bank financial institutions, such as leasing and factoring companies, microfinancing organizations, regional funds, direct investment funds, etc. The company was founded in 1999 and is based in Moscow, the Russian Federation. Open Joint Stock Company Russian Bank for Smal...

79, Sadovnicheskaya Street

Moscow,  115035

Russia

Founded in 1999

Phone:

7 495 783 7998

Fax:

7 495 783 7974

Key Executives for Open Joint Stock Company Russian Bank for Small and Medium Enterprises Support

Chief Executive Officer
Finance Director
Head of Retail Division
Deputy Head of Department for Retail Business
Head of Press-Center
Compensation as of Fiscal Year 2015.

Open Joint Stock Company Russian Bank for Small and Medium Enterprises Support Key Developments

Russian Agency for Export Credit and Investment Insurance and SME Bank Sign Cooperation Agreement

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and SME Bank have signed a cooperation agreement. The strategic partnership between EXIAR and SME Bank is designed to implement joint projects and events aimed at developing Russian exports of high value added goods, works, and services in the small- and medium-sized enterprise (SME) segment and creating new jobs in the Russian economy. Part of the direct support planned in the partnership includes financing by the bank and its SME partners, who are exporters of Russian goods and services. In addition, EXIAR will provide insurance against different risks to lenders and participants in export deals.

SME Bank Announces Earnings Results for the First Half of 2015

SME Bank announced earnings results for the first half of 2015. RAS net profit of for first half of 2015 dropped by 24% to RUB 52 million from RUB 68 million the year before. Pre-tax profit increased to RUB 161 million from RUB 37 million.

JSC SME Bank Announces Earnings Results for the First Half of 2015

JSC SME Bank announced earnings results for the first half of 2015. For the first half, the company reported net profit was dropped by 24% to RUB 52 million from RUB 68 million the year before. Pre-tax profit increased to RUB 161 million from RUB 37 million.

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