OREANDA-NEWS. December 04, 2014. Sberbank of Russia and the Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT) have signed a cooperation agreement. The document was signed by Herman Gref, Chief Executive Officer and Chairman of the Board of Sberbank of Russia as well as Ilker Ayc?, President of ISPAT.

The areas of cooperation include support for Russian and Turkish companies in the implementation of joint projects, specialized banking services for investment projects and the exchange of “know-how.”

“Sberbank Group shows steady growth in Turkey and promotes the development of Russian-Turkish economic relations,” said Herman Gref.–“The Agreement between Sberbank and ISPAT will help to strengthen the cooperation between the Russian and Turkish companies.”

The Republic of Turkey Prime Ministry Investment Support and Promotion Agency is the official organization dedicated to inform the world business community on investment opportunities in the country, aiming to assist foreign investors.