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Sberbank plans in 2014 to provide financial support to entrepreneurs of the Far Eastern Federal District in the amount of 100 billion rubles

Sberbank plans to provide financial support to Far Eastern entrepreneurs in the amount of 2014 billion rubles in 100. This was reported by the press service of the Ministry for the Development of the Far East with reference to Evgeny Titov, Chairman of the Far East Bank of Sberbank of Russia.

Speaking at the International Conference "The Far East - Investments Without Borders" in Vladivostok, he said that "within the framework of the agreement signed with the Ministry for the Development of the Russian Far East, Sberbank is becoming the main expert on all investment projects" in the Far Eastern Federal District. “Today we are financing the implementation of more than 700 investment projects, and this year alone we plan to provide entrepreneurs with financial support in the amount of about 100 billion rubles,” Titov said.

The conference discussed the most promising innovative projects and measures to support them at the state level. Accelerated economic growth, according to the participants of the forum, can be achieved through the creation of export-oriented territories of advanced development (TOR). “TORs allow activating the business development of the region,” said Maxim Shereykin, Deputy Minister of the Russian Federation for the Development of the Far East, in his report. “We are counting on the arrival of direct foreign and domestic non-resource investments, which will become the center of attraction for the productive forces for the entire region.”

The international conference "The Far East - Investments Without Borders" was attended by more than 350 heads of the largest companies in the Far East and the countries of the Asia-Pacific region, representatives of federal and regional authorities. The organizer of the business forum was the Far Eastern Bank of Sberbank of Russia.

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