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Vneshtorgbank and Russian Ministry for Emergency Management signed Co-operation Agreement

29 August 2003

A signing ceremony took place on 15 July 2003 in Moscow, where a Co-operation Agreement was entered into between the Russian Ministry of Civil Defence, Emergency and Natural Disaster Management, and Vneshtorgbank.
The Agreement sets forth core lines of long-term relations and partnership between Vneshtorgbank and the Ministry. In particular, the Co-operation Agreement envisages comprehensive banking services to be provided for the Ministry staff, including payroll payments through Vneshtorgbank bankcards.
Vneshtorgbank and the Ministry will combine their efforts towards joint implementation of the investment policy in civil defence, protection of the population and the territory from emergencies, and fire safety measures.
Concurrent with the Agreement conclusion, the Parties decided to establish a joint task group of the Ministry and Vneshtorgbank towards setting up an efficient reciprocal action and co-ordination system within the framework of the Agreement.
Andrey Kostin, President and Chairman of the Board, for Vneshtorgbank, and Sergei Shoigu, Minister, for the Russian Federal Ministry of Civil Defence, Emergency and Natural Disaster Management, took part in the signing ceremony.
Nowadays, Vneshtorgbank has already entered into similar agreements with a number of federal ministries such as the Ministry of Railways, that of Industry, Science and Technology, and the Education Ministry.

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