OREANDA-NEWS. June 25, 2012. Within the framework of the Saint Petersburg Economic Forum the Bank of Moscow has signed a Cooperation Agreement with the Government of the Novosibirsk Region.

For the Bank of Moscow the Agreement was signed by Mikhail Kuzovlev, President and the Chairman of the Management Board of the Bank of Moscow, for the Government of the Novosibirsk Region the Agreement was signed by Vassiliy Yurchenko, Governor of the Novosibirsk Region.

The Agreement lays down the principles of the parties’ interaction in a number of key issues in the sphere of implementation of the Novosibirsk Region social and economic development programmes. In particular, the parties intend to implement within the framework of the Agreement the national priority projects and jointly develop investment programmes.

The Agreement is aimed at cooperation between the parties in implementing a set of measures based on updated banking technologies contributing towards the solving of social and economic tasks faced by the Novosibirsk Region.

"The signing of this Cooperation Agreement with the Novosibirsk Region is another step towards the development of the Bank of Moscow as one of the major financial institutions," said Mikhail Kuzovlev, President and Chairman of the Board of the Bank of Moscow. "I am sure that cooperation reinforced by the signatures affixed at a most important economic forum will contribute towards a sooner implementation of large-scale project significant for both the Novosibirsk Region and the country as a whole".