EIB and Sberbank agreed to support long term financial projects in EU Neighbourhood

EIB and Sberbank agreed to support long term financial projects in EU Neighbourhood


A statement of cooperation was signed on Friday by the European Investment Bank (EIB) and the Russian bank Sberbank. The two financial institutions agreed to work closely to promote the access of the SMEs and the mid-cap companies to long term finance projects in Central and Eastern Europe, Russia, Turkey, the Eastern Neighbourhood and Central Asia.

The Sberbank is the largest bank in Russia. The Central Bank of the Russian Federation is the major shareholder of Sberbank.Recently the bank...


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