VTB and OGK-1 Develop Cooperation
OREANDA-NEWS. On April 07, 2009 Striving to enhance cooperation with the largest Russian power generating company, JSC VTB Bank has set a RUB 1.5 billion credit limit to JSC OGK-1, reported the press-centre of VTB.
The limit will allow the company to use a wide range of VTB’s opportunities for financing current needs through various instruments accepted in the international banking practice.
The cooperation with power generating companies is a further step aimed at developing partnership relations between VTB and electric power industry, which is a top priority business line for the Bank.
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