Today, on August 28, in the course of the Shanghai Cooperation Organization (SCO) summit in the presence of the SCO Heads of State, the SCO Interbank Consortium and the Eurasian Development Bank (EDB) signed a Memorandum on the Basics of Partner Relations.
This Memorandum aims to establish strategic partnership and promote mutually beneficial long-term cooperation between the two sides.
The SCO Interbank Consortium was established on October 26.2005. Its activity is designed to support regional economic cooperation. At the moment, it incorporates State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’, the Kazakhstan Development Bank, the China State Development Bank, the Settlement and Savings Company (the Kyrgyz Republic), the Tajikistan National Savings Bank “Amonatbank”and the Uzbekistan National Bank for Foreign Economic Affairs.
Vnesheconombank is an active participant in the SCO Interbank Consortium. Vnesheconombank Chairman Vladimir Dmitriev was elected as Chairman of the SCO Interbank Consortium Council for the year 2008-2009 on August 26, 2008 in the city of Khujand (Tajikistan).
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 608-46-93, Fax: =7 (495) 975-21-34
E-mail: press@veb.ru
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