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Vneshtorgbank and the Russian Golf Association sign a Cooperation Agreement

30 May 2006

On the 29th of May, Vneshtorgbank and the Russian Golf Association (RGA) signed a Cooperation Agreement.

Under the Agreement, Vneshtorgbank was awarded a Premium Partner status of the RGA.

The RGA was empowered by the Russian State Committee for Physical Culture and Sports and the Russian Olympic Committee to conduct official All-Russian golf tournaments, form Russian national teams, represent Russia in international golf organizations, coordinate and conduct general management of golf domestically.

To pro-actively support Russian sports has been a long-standing tradition maintained by Vneshtorgbank. The Bank has been providing financial facilities both to Russian Olympic movement and to numerous professional sports organizations in Russia's regions. Vneshtorgbank is the Official Partner of the Russian Olympic Committee, the Russian Olympic Volleyball Team; it acts as the General Sponsor of CSKA professional football club, the Russian Figure Skating Federation, the Russian Alpine Skiing and Snowboarding Federation, and Dynamo-St. Petersburg Basketball Club.

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