SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
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www.mspbank.ru SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT IN PRIORITY SECTORS OF RUSSIAN ECONOMY Sergey P. Kryukov Chairman of the Board of the Russian Bank for Small and Medium Enterprises Support (SME BANK) April 2012 Istanbul, Turkey
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SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT IN PRIORITY SECTORS OF RUSSIAN ECONOMY. Sergey P. Kryukov Chairman of the Board of the Russian Bank for Small and Medium Enterprises Support (SME BANK) April 2012 Istanbul, Turkey. SMEs in RUSSIA. CRITERIA. Number of employees. - PowerPoint PPT Presentation
Transcript of SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
www.mspbank.ru
SME BANK’S PROGRAM FOR SMALL AND MEDIUM
ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
Sergey P. Kryukov
Chairman of the Board of the Russian Bank for Small and Medium Enterprises Support (SME BANK)
April 2012
Istanbul, Turkey
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY2
SMEs in RUSSIA
2007 2012 2020
12%23%
70%
SHARE OF SMEs IN GDP SME LENDING MARKET
SMEs loan structure is inappropriate to the goals
Investment projects
Number of employeesNumber of employees Sales revenuesSales revenues
up to 250 $ 33.6 mln
CRITERIA
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY3
Commercial BanksCommercial BanksNon-Bank
InstitutionsNon-Bank
Institutions
FINANCIAL AND MATERIAL SUPPORT
FINANCIAL AND MATERIAL SUPPORT
INFORMATIONAL SUPPORT AND CONSULTING
INFORMATIONAL SUPPORT AND CONSULTING
SMALL AND MEDIUM ENTERPRISES
83 Russian Regions
83 Russian Regions
200200 134134
• Founded in 1999• 100% owned by
Vnesheconombank• 42nd in Russia in terms of
assets• Equity: USD 490 mln• Assets: USD 3.2 bln• Ratings:
• S & P - BBB• Moody's - Baa2
SME BankSME Bank
> 28 600 SMEs
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY444
PROGRAM RESULTS
Volume of support
USD 5.88 bln
Volume of support
USD 5.88 bln
Priority areas
Allregions
774cities
Allregions
774cities
there ofUSD 4 bln for top
priority areas
there ofUSD 4 bln for top
priority areas
including 120 mono-profile cities (out of 335)
including 120 mono-profile cities (out of 335)
• innovations • modernization,• energy efficiency• social projects 2-3 years
13-18%
MARKET
up to 7 years
PROGRAM
12.3 %
COMPARISON
Tenors
Int. Rates
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY55
PRIORITIES & FURTHER DEVELOPMENT OF THE PROGRAM
Innovation
Modernization
Energy efficiency
Non-trade sector
Industrial clusters
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY666
ADDITIONAL TARGETS OF SME BANK
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
• Leveraging group potential for SME support
• Access to investment projects in Russia and CIS
Implementation of best practices
Influencing changes of institutional and legal
environment in Russia
Access up to 30 thousand SMEs
Improvement of regional investment climate
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PARTNERS OF SME BANK – WIDE POTENTIAL
SME BankSME Bank
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY8
• Loan for on-lending to modernization-related and innovative SMEs
• Ongoing sharing of SME support experience
• Common fund for SME financing (in cooperation with Vnesheconombank)
• Capital Markets transactions (in discussion)
• Loan for on-lending to modernization-related and innovative SMEs
• Ongoing sharing of SME support experience
• Common fund for SME financing (in cooperation with Vnesheconombank)
• Capital Markets transactions (in discussion)
COOPERATION WITH DEVELOPMENT INSTITUTIONS
• Export-import financing project under a credit line of EximBank of India
• Export-import financing project under a credit line of EximBank of India
EximBank of India
• Technology for evaluation of energy efficiency – a calculator which was implemented into credit procedures of SME Bank and recommended to other lenders
• IFC participation in design of SME Bank‘s website
• Technology for evaluation of energy efficiency – a calculator which was implemented into credit procedures of SME Bank and recommended to other lenders
• IFC participation in design of SME Bank‘s website
• Cooperation with EBRD partners in Russia which are most efficient and technologically equipped for business operations
• Ongoing sharing of SME support experience
• Cooperation with EBRD partners in Russia which are most efficient and technologically equipped for business operations
• Ongoing sharing of SME support experience
• BrasilBNDES
• ChinaCDB
• CanadaBDC
• FranceOSEO
• ItalyUnibanca
• USASBA
• BrasilBNDES
• ChinaCDB
• CanadaBDC
• FranceOSEO
• ItalyUnibanca
• USASBA
Inter-governmental
committee
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY99
SME BANK INFORMATION PORTAL
Accessibility of information about the Bank and the
Program
Credit products information
Over 1 mln visits per year
Map of regional support
On-line advisory
Examples of support
Created under support of IFCCreated under support of IFC
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY10
• A reliable financial partner with over 8 years of experience in SME lending support
• Availability of a wide partner network throughout Russia• Center of competence for SME lending support in Russia
• Affordable financing• Variety of financial instruments• Partners in Russia and the CIS (Ukraine, Belarus)
Advantages for Development Institutions
Advantages for foreign SMEs
SME BANK – A RELIABLE PARTNER FOR INTERNATIONAL INSTITUTIONS
www.mspbank.ru
THANK YOU!
Sadovnicheskaya ul., 79, Moscow, RussiaTel./fax +7 (495) 783-79-98, e-mail: [email protected]
