OREANDA-NEWS. INTEKO Group and Sberbank CIB have signed a strategic partnership agreement, under which the two companies will develop relations in the field of financing the construction of the developer's new projects. In particular, this includes the Liner hotel and office complex with apartments in the Khodynskoe Polye neighbourhood and the multi-functional complex with apartments on Sadovnicheskaya Street. Total investment in these projects exceeds RUB 20 bln.

The agreement was signed by Oleg Soloshchansky, President of INTECO CJSC, and Andrey Donskih, Deputy Chairman of the Board of Sberbank of Russia and Head of Sberbank CIB.

Andrey Donskih commented: "One of the key principles of Sberbank CIB is that we are focused on maintaining long-term, beneficial relationships with our clients by helping them to complete projects and tasks that vary in scale. Our cooperation with INTECO Group is nothing but positive. The company has many years' experience working in Moscow, and I am certain that the properties being built with the support of Sberbank will help INTECO Group to considerably strengthen their position on the capital's promising business class real estate market."

Oleg Soloshchansky remarked: "We are pleased to be continuing to work with one of the largest and most reliable providers of corporate banking services. We plan to increase our presence on Moscow's development market and I am positive that this long-term partnership with Sberbank CIB will open up new opportunities for us."