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Sberbank to allocate 9,6 billion to the Government of Khabarovsk Krai
The Far Eastern bank Sberbank of Russia won the electronic auction for the right to finance the top-priority budget items of the Khabarovsk Krai government for a total of 9,6 billion rubles, the bank's press service reports.
In total, 2014 government contracts were concluded between the bank and the Krai Government in 12, the term of which financing was from one to three years. The funds will be used to implement the decrees of the President of Russia on 7 May 2012, defining social policy for the long term, and other purposes.
At present, the Far Eastern Bank of Sberbank of Russia and the Khabarovsk Territory have signed government contracts totaling 18,6 billion rubles.