OREANDA-NEWS. Vneshtorgbank (VTB) and Zarubezhenergoproekt have signed an agreement on cooperation governing main lines of partnership between the parties within the framework of joint implementation of projects in the thermal power industry.

The agreement sets forth VTB`s involvement in delivering comprehensive banking services to Zarubezhenergoproekt and financing its ongoing and investment projects, including those implemented together with VTB-Leasing (VTB-owned leasing subsidiary), and through funding raised from international financial institutions.

Subject matter of the agreement is cooperation in placing the company’s securities in domestic and international markets.