OREANDA-NEWS. Sberbank Europe and Emirates International Investment Company (EIIC) have signed a memorandum of strategic cooperation during SPIEF 2015.

The agreement was signed by Sergey Gorkov, Deputy Chairman of the Executive Board of Sberbank of Russia (on behalf of Sberbank Europe) and Company Head of EIIC Mr Nazem Al Kudsi.

"Being present in most CEE countries, Sberbank has an excellent knowledge of the local markets, which was an important factor in EIIC choosing Sberbank Europe as a partner in the region. We consider our cooperation with EIIC as strategically important for Sberbank Group", commented Sergei Gorkov.