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Vneshtorgbank opens its representative office in India

20 April 2005

Vneshtorgbank's representative office started operating in Delhi, India.

Activities of the new representative office will further encourage the development of trade, economic and investment partnership between Russia and India, and also consolidate interbanking cooperation based on traditional financial instruments usually applied in the international banking practice.

The office is also designed to promote interests of Vneshtorgbank and its customers in India. Besides, it will participate jointly with the Indian leading companies in elaborating mutually advantageous projects.

Oleg Dyukov is appointed Head of Vneshtorgbank's Representative Office in India. The Office is located at The Ashok Hotel, Suite 201-202, Diplomatic Enclave, 50-B, Chanakyapuri, New Delhi - 110 021, India.

For reference: Presently, foreign network of Vneshtorgbank is represented by six subsidiary banks: in Zurich (Switzerland), Limassol (Cyprus), Vienna (Austria), Kiev (Ukraine), Tbilissy (Georgia) and Yerevan (Armenia), associated banks in Frankfurt-on-Main (Germany) and Luxembourg, representative offices in Milan (Italy), Minsk (Belarus), Beijing (China), and Delhi (India).

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