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Vneshtorgbank signs a Cooperation Agreement with the Luzhniki Olympic Center

16 December 2005

Vneshtorgbank and the Luzhniki Olympic Center have signed a Cooperation Agreement to develop mutually advantageous relationship.

Under the Agreement signed by Andrey Kostin, Chairman and CEO of Vneshtorgbank, and Vladimir Aleshin, General Director of Luzhniki, the Bank shall assist the country`s major sports arena in reaching its top priority tasks.

With this end in view, Vneshtorgbank is set to offer Luzhniki a full range of banking services, including lending, leasing, payroll card services, and loans to households. The Bank will build on its expertise gained in cooperation with sports enterprises and institutions, which is sure to contribute to development of mass sport and enhancement of population health in Moscow. Also, it will further promote forging world-class sportsmen and sportswomen.

Now that the Agreement is signed, the Olympic Center can get Vneshtorgbank involved in implementing various projects and programs designed to develop this sports complex, among which is investment program to develop Luzhniki sports facilities for children and youth, as well as to facilitate holding national and international sports events at Luzhniki.

Vneshtorgbank, Public Relations Department
Phone: (+7 495) 783-17-17, fax: (+7 495) 783-18-95,

Luzhniki OC, Press Services
Phone: (+7 495) 637-08-77

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