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VTB and the Orenburg Region sign a cooperation agreement

9 August 2013

The Government of Orenburg Region and VTB Bank have signed a cooperation agreement to promote the region’s socio-economic development.

Under the agreement, which was signed by First Vice Governor and First Deputy Chairman of the Orenburg Region Government Sergei Balykin and Deputy President and Chairman of VTB Bank Management Board Mikhail Oseevskiy, the bank will be involved in joint investment programmes, support efforts to boost innovation in regional industries, and cooperate on priority social projects, including in healthcare and housing and utilities.

The bank will also help to develop a system for crediting local enterprises, including as part of regional SME support programmes.

«VTB is interested in establishing close business contacts with the Government of the Orenburg Region. We hope that the bank’s participation in major economic projects will enable local businesses to reach a new development level, and in the future create new jobs.»
Mikhail Oseevskiy 
Deputy President and Chairman of VTB Bank Management Board

VTB Bank

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