Vnesheconombank Signs Agreement with China State Development Bank and Krasnoyarsk Territory Administration

26 march 2007 года
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Today, on March 26,in the course of China’s Chairman Hu Jintao’s state visit to Russia, Vnesheconombank, the China State Development Bank and the Administration of the Krasnoyarsk Territory signed an agreement on promoting investment.

 The Agreement was signed by VEB Chairman Vladimir Dmitriev, Bank of China Vice-Chairman Wan Yi and Krasnoyarsk Territory Governor Alexandr Khloponin.

The Agreement aims to establish strategic partnership, promote long-term, effective and mutually beneficial cooperation as well as step up efforts to attract credits to finance investment projects in the Krasnoyarsk Territory.

Under the Agreement, at the initial stage cooperation will focus on projects in construction industry, construction of housing and social facilities, modernization of power engineering facilities and housing and communal services, transport infrastructure, development of mineral deposits, oil and gas refining, agriculture, food processing industry, logging and timber processing as well as on projects in financial and service sectors.

The Agreement is of great practical significance as it makes it possible to use resources of the China State Development Bank and its best practices in attracting credits to finance infrastructural projects to develop the economy of Russia’s regions.

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93. Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

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Vnesheconombank and the Association of Regional Banks of Russia Sign General Agreement on Cooperation

22 march 2007 года
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Press Release, 22.03.2007

Today, on March 22, Vnesheconombank and the Association of Regional Banks of Russia signed a General Agreement on Cooperation..

The Agreement was signed by VEB Chairman Vladimir Dmitriev and Association President Anatoly Aksakov.

The Agreement aims to establish business ties between VEB and the Association and promote cooperation between Vnesheconombank and regional banks.

The two sides are determined to exchange best practices in various banking spheres, encourage the development of small- and medium-size business, work out infrastructural projects together with specialists, promote cooperation with regions in supporting national industrial exports and manufacturing of import substitution products, hold joint workshops to upgrade professional skills of banking personnel.

The Agreement is of great practical importance in the context of establishing a Russian state-run financial development institution on the basis of VEB, as it will allow the Bank together with Association specialists to get regional banks to participate in carrying out major projects of national significance in Russian constituent entities.

 

 

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93. Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

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