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VTB agrees credit facility for Atomenergoprom

 
19 February 2016

VTB Bank has extended a five-year RUB 30bn credit facility to the JSC Atomenergoprom. The funds are expected to be used to finance entities of ROSATOM, Russia’s national nuclear company, including its investment programme to build nuclear power plants in Russia as agreed annually with the federal executive bodies.

 
 
 
 
«In the current economic environment supporting enterprises that have strategic importance for the country is among VTB’s key priorities. Through constructive collaboration with ROSATOM companies VTB contributes to further developing Russia’s nuclear industry".».
Valery Lukyanenko,
Member of the VTB Bank Management Board

Valery Lukyanenko, member of the VTB Bank Management Board, said. "In the current economic environment supporting enterprises that have strategic importance for the country is among VTB’s key priorities. Through constructive collaboration with ROSATOM companies VTB contributes to further developing Russia’s nuclear industry".

VTB Bank provides a full range of bank services to ROSATOM and its businesses through its branches, subsidiary offices and VTB Group companies in Russia and abroad.


For reference:

Atomenergoprom provides the full production cycle of nuclear-power engineering — from uranium extraction to nuclear power plant construction and energy generation, and acts as the centralised treasury of the nuclear industry.

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