World Bank approves a loan of US$20 million for Russian microfinance - Re-emerging World

World Bank approves a loan of US$20 million for Russian microfinance

February 6, 2013

Ankur Sohanpal

Formal banking and access to finance in Russia is mostly concentrated in Moscow. The World Bank recently approved a loan of US$20 million to scale up services of microfinance across the country. The Russian Federation will be cofinancing this project. Read more here.

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