Russia’s TRUST National Bank (Moscow) has changed the small and medium business lending program by raising the maximum loan to R15 million. TRUST launched a SMB lending project in April 2006. The program acts in 50 regions across Russia. As of now, overall lending totalled R3.3b, benefiting over 5,000 small businesses and entrepreneurs in Russia.
Source: BANKI.RU, March 6, 2007
