LOCKO-Bank Financed More Than 1000 SMEs under Government Lending Support Program in 2013

LOCKO-Bank continues to develop actively some SME lending programs with Government support (under collaboration with SME Bank) more than 5 years.

In 2013 total amount of lending under the joint programs was RUB 3 billion, that developed more than 1000 SMEs in 21 regions in Russia. LOCKO-Bank has been working effectively with entrepreneurs for a long time. It is traditionally in Top SME lending Russian banks.

Irina Loskutova, Deputy Chairman, commented: “Next year we plan to continue our collaboration with SME bank. We will increase lending facilities, expand our loan product range and support entrepreneurs. We will continue the strong growth with our clients. In a New Year Eve I’d like to wish prosperity all entrepreneurs, to have great success in their business and to reach all settled goals.”