VTB talked about the support of enterprises in basic industries and the public sector

VTB actively develops cooperation with enterprises of basic industries and the public sector, providing loans for investment projects, ongoing activities and exports of high-tech products. This was announced by Valery Lukyanenko, Deputy President and Chairman of the Management Board of the bank, at the VTB Investment Forum "RUSSIA IS CALLING!"

He noted that in terms of supporting the foreign economic activities of the largest Russian exporters, VTB offers financial solutions and provides secure payment routes based on its own infrastructure.

"Priority attention is being given to supporting domestic companies that export unique high—tech products that have deservedly conquered global markets," Lukyanenko said.

He also recalled that the bank is a key partner of the flagships of the automotive industry. "So, after the departure of European suppliers, Kamaz needed to replace thousands of imported components. VTB's financial support allowed the plant to organize the production of new—generation K5 trucks as soon as possible without the participation of former Western partners," said the deputy chairman of the bank's board.

According to him, the key enterprises of the public sector today "feel quite confident." For example, a number of state corporations, which today are leaders in both domestic and international markets, continue to increase revenue from the implementation of Russian and foreign projects by diversifying their businesses. According to forecasts, this year the income of some state corporations will exceed the mark of 4 trillion rubles, Lukyanenko stressed.

He also pointed out the significant potential for further development of international cooperation. "In the near future, the geography of the bank's settlements will only expand, which will strengthen the positions of leading domestic manufacturers in foreign markets," Lukyanenko said.

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