Back to press releases
  • Press release

BNP Paribas has signed a buyer credit agreement of 300 million euros with Vneshtorgbank in Russia

A 300 million multi-sources buyer agreement was signed between BNP Paribas and Vneshtorgbank ("VTB") in Moscow on the 6th October 2003 in the presence of the French Prime Minister Jean-Pierre Raffarin and the Minister of Industry Nicole Fontaine.

"This agreement will reinforce cooperation between our two banks and illustrates the strong commitment of BNP Paribas in participating to the development of exports to Russia, said Dominique Remy, Head of Energy Commodities Export Project Business line at BNP Paribas.