Vnesheconombank and OJSC Rosselkhozbank Sign Agreement

26 november 2008 года
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Today, on November 26, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheeconombank)’ and OJSC Russian Agricultural Bank (OJSC Rosselkhozbank) entered into an Agreement on Cooperation.

The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and OJSC Rosselkhozbank Management Board Chairman Yury Trushin.

This Agreement aims to join efforts of the two sides in increasing their capabilities and enhancing efficiency in financing and implementing projects and programs of national significance.

Under the Agreement the two sides intend to participate in implementing investment projects, among other things, through share participation in their financing, issuing bonds, eurobonds and raising syndicated loans.

The two sides are also determined to promote cooperation in providing financial assistance to small and medium-sized businesses, with this assistance being provided by Vnesheconombank through the Russian Development Bank.

OJSC Rosselkhozbank was founded in 2000. The Bank’s core activities are to affordably qualitatively and efficiently meet the needs of Russia’ agricultural commodity producers and rural population for banking products and services and to assist actively in developing and operating a modern national credit and financial system in the Russian agroindustrial sector as well as to support the development of Russia’s agroindustrial complex and rural territories.

 

Origin: Press Office of Vnesheconombank
Contact person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

 

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On Agreement between Vnesheconombank and the Peru National Bank

24 november 2008 года
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Today, on November 24, in the course of Russian President Dmitry Medvedev’s formal visit to the Republic of Peru, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Peru National Bank (Banco de la Nacion) entered into a Memorandum on Cooperation.

This Memorandum provides for promoting partner relations between the two banks to service Russian-Peruvian trade, economic, investment and technical cooperation and would help create favorable conditions for enhancing trade and economic ties between Russia and Peru.

Under the Memorandum the two sides are determined to provide financial and banking services for bilateral trade contracts and investment projects aimed at boosting export-oriented industries of the two countries.

The Peru National Bank is a 100% state-owned bank of the Republic of Peru. The Bank specializes in providing services to state-owned enterprises and organizations and their employees as well as to private-sector companies involved in implementing government programs.

 

Origin: Press Office of Vnesheconombank
Contact person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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