Russia’s URSC and VTB Conclude Cooperation Agreement
Director General of the United Rocket and Space Corporation Igor Komarov and VTB President and Chairman Andrey Kostin signed a cooperation agreement at the annual investment forum. This was reported by the press center of the United Rocket and Space Corporation.
“The agreement provides for integrated bank servicing of the corporation and its member companies, including VTB participation in the achievement of the investment potential. In addition, the bank will render advisory and information services in the banking, investment and financial sectors and in the implementation of international projects,” the press service informed.
“VTB is one of the largest banks in the country, and its support is required for the reformation of Russia’s rocket and space industry,” Mr. Komarov noted.
“VTB has been actively involved in the implementation of state programs aimed at developing the rocket and space industry through its successful cooperation with the United Rocket and Space Corporation,” Mr. Kostin emphasized.