OREANDA-NEWS. September 03, 2013. Sviaz-Bank’s branch in Ufa, Bashkortostan, has entered into a cooperation agreement with the Administration of the Ufa Municipal District.

The agreement was signed in a festive atmosphere in the presence of Irek Yalalov, Head of the Ufa Municipal District, and his deputies Ildar Khasanov and Ilgiz Nasyrtdinov, Alexander Budakov, Director of the Representative Office of the State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) in Nizhniy Novgorod, and Andrei Lygin, Manager of Sviaz-Bank’s branch in Ufa.

The agreement provides for Sviaz-Bank’s involvement in the Administration’s projects, such as public housing construction, reforms in housing and utilities, and promotion of small and medium-size business, among others.

“Sviaz-Bank is a lending and financial institution, and social responsibility is no less important for it than the business side of its investment projects. The Bank participates in many initiatives the national government launches to improve the life of the population in all of the country’s regions. The Ufa branch recognizes great prospects of its cooperation with Ufa’s Administration and realizes its enormous responsibility to our home town and its residents,” said Andrei Lygin, Manager of the Bank’s Ufa branch.