OREANDA-NEWS. September 02, 2013. VTB Bank signed a cooperation agreement with Schvabe Holding Company on the second day of the 2013 MAKS International Aviation and Space Salon in Zhukovsky.

The agreement specifies the provision of comprehensive banking services for Schvabe companies. The document was signed by Valery Lukyanenko, Member of VTB Bank Management Board, and Director General of Schvabe Holding Company, Sergei Maksin.

Under the agreement VTB Bank will finance Schvabe company production programmes as well as investment projects and merger and acquisition transactions. The bank has also committed to provide advisory and information services in the field of banking, investment and finance.