20/06/2013 (Agence Europe) - EIB loan for Russian SMEs. On 20 June, the European Investment Bank (EIB) announced that it would lend €300 million to Sberbank of Russia to finance projects implemented by SMEs in Russia. The projects to be supported will focus on development of the local private sector. The loan will particularly be for micro-enterprises that employ fewer than ten people. This credit line is granted as part of the Partnership for Modernisation that was launched by the EU and...