OREANDA-NEWS. Within the framework of the Sochi International Investment Forum the Bank of Moscow signed a co-operation agreement with the Government of Perm Territory.

For the Bank of Moscow the agreement was signed by Mikhail Kuzovlev, President and the Chairman of the Board, and for the Government of Perm Territory by Victor Basargin, Governor.

The key direction of co-operation is the implementation of investment projects aimed at social and economic development of Perm Territory and, inter alia, co-operation within the scope of the top priority national project "Accessible and Comfortable Housing for Russian People". To implement this project the Government of Perm Territory intends to consider participation of the Bank of Moscow in financing the construction of infrastructure and socially accessible housing sites. The Bank also proved to be ready to extent to the people who participated in ear-marked housing programmes residential loans subject to special terms and conditions.

Another important direction of co-operation within the framework of the signed agreement is interaction in the implementation of the top priority national project "Development of the Agro-Industrial Sector" in Perm Territory. Thus the Bank is ready to the people living in the rural areas including the extending of residential loans to young families and young specialists, financing of investment projects aimed at technical refurbishing of agricultural enterprises, granting of short-term loans to agricultural producers, farmers and agro-industrial sector organisations, including short-term loans for the performance of seasonal farm work.