VTB Expands Cooperation with Gazprom Neftekhim Salavat
OREANDA-NEWS. April 01, 2013. VTB Bank has provided financing to Gazprom Neftekhim Salavat in the amount of USD 165 million for one year to finance the company’s current operations, connected to the products which are exported by the company under its 2013 investment programme.
This loan has been extended as part of a three-year credit line the bank has opened to the petrochemical company.
“VTB seeks to continue long-term and diversified cooperation with all companies of the Gazprom group,” said Yuri Soloviev, First Deputy President and Chairman of VTB Bank Management Board. “Gazprom is one of our top strategic partners. We are confident that expanding partnership with Gazprom Neftekhim Salavat will help to realise the company’s investment potential.”
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