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Mass Media Overview

Sberbank and Vologda Region sign cooperation agreement

30.03.2017 10:07

http://www.sberbank.ru/en/

27.02.17

February 27, 2017, Sochi – Sberbank and the Government of the Vologda Region signed a cooperation agreement during the Russian Investment Forum. The document was signed by CEO and Chairman of the Executive Board of Sberbank Herman Gref and Governor of the Vologda Region Oleg Kuvshinnikov.

The subject of the agreement is cooperation in financial and lending areas to promote social and economic development of the Vologda Region.

Among other things, cooperation will include the implementation of investment projects in the region, supporting small and medium-sized businesses, and infrastructure development of the region (including housing construction and reforming housing and public utilities).

In addition, Herman Gref and Oleg Kuvshinnikov conducted talks, at which they discussed the possibility of Sberbank’s participation in the financing of key regional investment projects. Among the topics of discussion were investment in projects of residents of the priority social and economic development area and industrial park in Cherepovets, as well as support for the creation of a machine-building cluster.

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