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Credits for small business

24 September 2008

Nowadays Russian economy has crisis times: for some months leading experts of all services, including Minister of Finance Alexey Kudrin, are speaking.
Bank sector experts unanimously do rates on development of opportunities of crediting of small and medium business in Russia in calculations on long-term planning, estimating possible growth of this segment within the nearest five years.
Some banks prove their readiness to work in small and medium crediting sphere by successful experience of the last years, in fact till 2008 rates of the Russian economic development were high enough.
The market of small and medium crediting business shows excellent results - for the last year growth has made more than 50 %, and such tendency continues to be kept.
Today first of all the enterprises of small and medium business are interested in credits. And demand promotes supply; therefore, banks do not aspire to reduce volumes of granting this service in the market.


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