Transcript Sergey Kryukov, Plenary 3

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
www.mspbank.ru
SMEs in RUSSIA
CRITERIA
Number of employees
Sales revenues
$ 33.6 mln
up to 250
SHARE OF SMEs IN GDP
SME LENDING MARKET
70%
Investment
projects
23%
12%
2007
2012
2020
SMEs loan structure is
inappropriate to the goals
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
2
SME Bank
FINANCIAL AND MATERIAL
SUPPORT
• 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
INFORMATIONAL SUPPORT
AND CONSULTING
Non-Bank
Institutions
Commercial Banks
200
134
83
Russian
Regions
SMALL AND MEDIUM ENTERPRISES
> 28 600
SMEs
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
3
PROGRAM RESULTS
All
Volume of support
USD 5.88 bln
regions
774
cities
there of
USD 4 bln for top
priority areas
including
120 mono-profile
cities (out of 335)
Priority areas
• innovations
• modernization,
• energy efficiency
• social projects
C O M PA R I S O N
PROGRAM
MARKET
up to 7 years
Tenors
2-3 years
12.3 %
Int. Rates
13-18%
69%
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
4
PRIORITIES & FURTHER DEVELOPMENT OF THE PROGRAM
Innovation
Modernization
Energy
efficiency
Projects of
social
importance
Non-trade
sector
Industrial
clusters
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
5
ADDITIONAL TARGETS OF SME BANK
Education
programs for
SMEs
SME
Capital Market Special
popularization Products
foreign trade
support
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
Support of
exportoriented
SMEs
6
•
•
PARTNERS OF SME BANK – WIDE
POTENTIAL
Leveraging group potential for
SME support
Access to investment projects in
Russia and CIS
Vnesheconombank
Group
Program Network
Access up to 30 thousand
SMEs
Regional Authorities
SME Bank
Education institutions
and consulting
companies
Improvement of regional
investment climate
Russian NGOs
Implementation of best
practices
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
Influencing changes of
institutional and legal
environment in Russia
7
COOPERATION WITH DEVELOPMENT
INSTITUTIONS
EximBank
of India
• Loan for onlending to
modernizationrelated and
innovative SMEs
• Ongoing sharing of
SME support
experience
• Common fund for
SME financing (in
cooperation with
Vnesheconombank)
• Capital Markets
transactions (in
discussion)
• 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
• Export-import
financing
project under
a credit line of
EximBank of
India
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
Intergovernmental
committee
• Brasil
BNDES
• China
CDB
• Canada
BDC
• France
OSEO
• Italy
Unibanca
• USA
SBA
8
SME BANK INFORMATION PORTAL
Created under support of IFC
Accessibility of
information about
the Bank and the
Program
Map of regional
support
Credit products
information
On-line advisory
Over 1 mln visits
per year
Examples of
support
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
9
SME BANK – A RELIABLE PARTNER FOR
INTERNATIONAL INSTITUTIONS
Advantages for
Development
Institutions
Advantages for foreign
SMEs
• 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)
SME BANK’S PROGRAM FOR SMALL AND MEDIUM ENTERPRISES SUPPORT
IN PRIORITY SECTORS OF RUSSIAN ECONOMY
10
THANK YOU!
Sadovnicheskaya ul., 79, Moscow, Russia
Tel./fax +7 (495) 783-79-98, e-mail: [email protected]
www.mspbank.ru