OREANDA-NEWS. August 06, 2014. The Perm branch of Sviaz-Bank (Vnesheconombank Group) has been named winner of an auction held for a contract to be entered into with the Finance Ministry of Perm Territory on two credit lines totaling 6 billion rubles to be opened to the borrower that will use the borrowed funds to close the territory’s budget deficit.

Sviaz-Bank’s branch in Perm (which recently marked its seven years in local banking) is cooperating successfully with the territory’s major businesses in the food industry and utilities.

“Sviaz-Bank is a member of the Vnesheconombank state corporation’s group of companies and for this reason it cooperates by tradition with government agencies, including those in subfederal regions. This agreement is a sign of trust the borrower places in us and in our lending and financial institution’s great experience in completion of similar projects and in the major social component of our business,” said Sergey Volokhov, Vice Chairman of Sviaz-Bank’s Management Board.