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Sunday, March 24, 2019

Bank of Moscow delegation visits St. Petersburg

A delegation from the Bank of Moscow headed by Mikhail Kuzovlev, the chairman of the board, visited St. Petersburg on Feb. 4.

Kuzovlev met with St. Petersburg Governor Georgy Poltavchenko and discussed the bank's possibility in the development of the northern capital transportation infrastructure.

The two parties discussed the bank's suggestions in financing construction work on the St. Petersburg metro and also suggested the possibility of developing a public bicycle rental service.

The Bank of Moscow has significant experience developing transportation infrastructure in metropolitan areas.

The meeting also involved an evaluation of the results of an agreement signed in June that led to the implementation of cooperation in the financing of the reconstruction of the energy grid and utility network of water pipelines in St. Petersburg. The agreement also resulted in the support of organizations involved in transportation construction and industrial and civil construction.