On February 2, 2006, Vneshtorgbank (VTB) and CSKA Professional Football Club (CSKA PFC) signed an agreement under which Vneshtorgbank has got the status of "the main sponsor of CSKA PFC" and "an official bank for CSKA PFC" for 2006.
Support for physical culture and sport is one of the key directions of Vneshtorgbank`s sponsorship program. Cooperation between Vneshtorgbank and CSKA PFC is aimed at increasing Russian sportsmen`s achievements, in the world arena as well, and in the long run it will contribute to mass sport development in Russia.
The agreement was signed by Andrey Kostin, Chairman and CEO of Vneshtorgbank, and Evgeniy Giner, President of CSKA Professional Football Club.
"By now, the Russian football has risen to a higher level proved by CSKA progress and above all by its football matches which are superb and make the club fans feel proud of the whole country. We hope that the agreement signed today will allow VTB to contribute to turning Russian football clubs into true leaders of the world football," stated Andrey Kostin during the signing ceremony.
"We are happy that business community, in particular, Vneshtorgbank, is aware of the fact that professional sport is also a competitive environment where important victories are impossible without serious financial support. And support for the sports is a top priority facing the national community since Russian sportsmen`s successes eventually foster sport popularization and health of the nation," said, in his turn, Evgeniy Giner.
Vneshtorgbank traditionally gives active assistance to Russian sportsmen. The Bank also backs up Olympic movement being an Official partner of the Russian Olympic Committee, and a sponsor of the Olympic volleyball team, the Russian Football Premier League, the Russian Figure Skating Federation, the Russian Alpine Skiing and Snowboard Federation and Dynamo-Saint Petersburg Basketball Club.