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VTB Bank develops cooperation with the Republic of Bashkortostan

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UFA, 16 November 2015. /Bashinform News Agency/.

VTB Bank has won two tenders of the Ministry of Finance of the Republic of Bashkortostan on granting credits to the regional budget totaling 900 million rubles for a period of 1.5 years. The funds will be used to cover the budget deficit.

"We hope that the signed agreement will enable regional authorities to implement relevant projects related to the development of the economic and social spheres of the republic. It is our priority to support the economy of the region", said the head of VTB in Bashkortostan Alexei Samsonov commenting on the deal.

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