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VTB supports south Russian agribusiness

18 November 2015

VTB supports south Russian agribusiness.

VTB has signed agreements with major agribusinesses in southern Russia, including the Yug Rusi Group, to provide a total of 5 billion roubles in bank guarantees. To date, about 1 billion roubles’ worth of guarantees have been issued under these agreements.

“The documentary business is traditionally one of VTB’s most robust areas of activity. I’m pleased that our bank products and expertise enable VTB clients – key companies on a regional and national scale – to operate and develop successfully,” VTB Senior Vice President and head of Global Transaction Banking Gurinder Nihal said.

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