Savings Bank will fund RUSNANO

Sberbank of Russia and Russia Nanotechnology Corporation signed an agreement aimed at coordinating efforts to ensure the development of innovation infrastructure of Russia in the field of nanotechnologies, the implementation of national projects of the future of nanotechnology and the nanotechnology industry.

In opened in Moscow, the second International Forum on Nanotechnology agreement signed Gref, Chairman of the Sberbank of Russia, and Anatoly Chubais, CEO of GK Rosnanotekh.

As reported in the article Savings Bank, to implement the objectives of the agreement the bank will consider opening a corporation and its project companies credit lines of up to 45 billion rubles for development projects in the field of nanotechnology, the financing cash breaks and other purposes. In turn, the corporation plans to promote nanotechnology projects the bank's clients, as well as to attract banks to participate in their tenders (for placement of funds on deposit, the organizer of bond loans, etc.).

Savings Bank will consider the possibility of providing financing project companies acquiring foreign equipment using the export credit guarantee agencies in the total amount to 5 billion bail corporations, as well as assist in providing equipment leasing through ZAO RG Leasing project, funded through the Corporation on bail in the overall amount to 15 billion rubles, the report said RUSNANO.

Cooperation will be organized in the framework of the working group. Working Group on corporate project office headed by Director Michael Chuchkevich from the bank - Vice President, Director of the Department to work with major clients, Alexander Bazarov.
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