VTB Bank and Ilyushin Finance Co (IFC) signed a cooperation agreement during the second day of the MAKS 2015 international aviation and space salon in Zhukovsky, Moscow. The deal was signed by VTB Board Member Valery Lukyanenko and IFC General Director Alexander Rubtsov.
Under the agreement, VTB will finance projects and transactions that form part of the leasing company’s current financial and economic operations. The bank is also ready to provide IFC with consultation services and information support on banking, investment and financial issues.
Ilyushin Finance Co is Russia’s largest specialised aircraft leasing company. It was founded in 1999 to finance the sale and lease of civil aircraft in the domestic and international markets. IFC is now part of the