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Measures to support small and medium-sized enterprises [SMEs] and small business credit mechanisms against the backdrop of the crisis were discussed at the meeting.
State Corporation “The Bank for Development and Foreign Economic Affairs” (Vnesheconombank) was established in 2007 and is one of the key instruments of government investment policy.
Since October 2008, Vnesheconombank has been performing additional functions, including refinancing Russian companies’ debt obligations to foreign financial institutions, extending subordinated loans, and supporting the stock market.
April 3, 2009, Gorki, Moscow Region