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Only Sberbank is prepared to invest in industrialization.
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Representatives of "Delovoi Russia" noted that their message to other banks brought no results. Sberbank is planning to take part in a new program of industrialization, covering up to 50% of investment and providing financial benefits to industrial parks, which will be developing rather effectively.
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The first national conference dedicated to financing industrial projects was organized by Sberbank Russia and demonstrated that few are prepared to provide systemic finical support for industrialization. Representatives of Sberbank and the Association of Industrial Parks were the main speakers of the conference.It was announced that Sberbank will finance 30 projects totaling about 100 billion rub ($3.3 billion), as well as 100 projects from residents of industrial parks equalling 75 billion rub ($2.5 billion).
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