OREANDA-NEWS. November 19, 2007. The State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and The Korea Development Bank entered into Agreement on Cooperation.

The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and Korea Development Bank Governor Kim Chang-Lok.

The Agreement aims to establish partner relations in trade and project financing, syndicated loans and in sharing and exchanging experience in various fields associated with financial institutions’ business.

Under the Agreement the two sides are determined to promote joint mutually beneficial cooperation aimed at generating profits.