OREANDA-NEWS. September 13, 2011. Gazprombank and Eksport Kredit Fonden, the state export insurance agency of Denmark, signed the Memorandum of Understanding. The Memorandum was signed during the official visit to Russia of Her Majesty Queen Margrethe the 2nd of Denmark.

According to the text of the concluded document Gazprombank will act as a borrowing bank and a bank-guarantor for export loans under EKF insurance coverage. Moreover the Memorandum provides for information exchange and joint elaboration of financing prospects of equipment deliveries from Denmark to the territory of the Russian Federation.

Conclusion of the Memorandum is a logical step of GBP efforts focused on enhancement of the business partnerships with foreign state and private financial institutions and it will promote attraction of international financial resources for supporting and development of Russian enterprises - importers.