VTB finances the city of Omsk
18 September 2009
VTB Bank has provided a RUB 350 million loan to Omsk City Administration under the program to support Russian regions. The funds will be channeled into key budget expenditures, namely salaries, social obligations and utility services.
"VTB has traditionally been taking an active part in the economy of Russian regions. We hope that the financing provided by the Bank to the city budget will allow Omsk to implement socially important projects in Omsk," said Valery Lukyanenko
, member of VTB Management Board.
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