Oleg Melnikov spoke about the work of Gazprombank to support investment contracts

06.03.2023       

“Today, banks are technology companies that, along with traditional lending, provide their customers with a whole range of their digital technologies and capabilities that allow them not only to finance public-private partnership projects, but also to control the intended use of funds. They provide tools for managing cash flow and risks in projects through a system of separate accounts – banking support of contracts – thereby developing critically important infrastructure for Russia”, – noted Executive Vice President – Oleg Melnikov, Head of the Department for Banking Contract Support of Gazprombank, speaking at the discussion “Global TLC. Transformation of the world's transport and logistics corridors and development of infrastructure" on the sidelines of KEF-2023.

In the context of the proclaimed Eastern Vector, the expert emphasized that the Bank is currently financing and banking support for the country's first private railway to the Elga deposit, which will ensure stable transportation of high-quality coal for export. There should be many more such projects, he noted, emphasizing the need for the development of transport and logistics corridors, the construction of new railways and port infrastructure facilities.

The use of banking support services should become the standard for infrastructure construction, the speaker from Gazprombank is sure. This will ensure the successful implementation of the planned initiatives. At the same time, thanks to modern digital services, every ruble can be tracked – and he will go to work.

In addition, other speeches by representatives of the Gazprombank Group took place in the business part of the forum. Thus, First Vice-President Oksana Panchenko became a speaker at the expert panel "Development of the energy sector in Siberia: promising areas and breakthrough solutions". During the thematic discussions, the Deputy Head of the Department for the Development of Regional Programs – Ravil Deinikov, Head of the Center for Environmental Projects, spoke online about the Bank's activities in the field of waste management and the transition to a circular economy. Deputy General Director of JSC "Gazprombank Leasing" Sergey Vologodsky spoke about the interest of car sharing market players in Russian-assembled electric cars using the example of a deal to transfer 95 EVOLUTE electric cars to Vladivostok (Green Crab project).

For reference
Gazprombank is one of the top three leaders in the Russian banking industry in terms of key volume indicators (according to INTERFAX-100. Banks of Russia), as well as one of the largest financial institutions in Central and Eastern Europe. Gazprombank provides a wide range of services to corporate and private clients. The Bank serves key sectors of the Russian economy – gas, oil, chemical and petrochemical, metallurgy, electric power, mechanical engineering, transport, construction, communications, agro-industrial complex, trade and other industries. The Bank has many years of unique experience in organizing project financing and placing debt instruments on the Russian and international capital markets, providing financial and advisory services in terms of project, corporate and debt financing, as well as experience in managing investments in companies both in Russia and abroad. The Bank is one of the market leaders in financing infrastructure projects in Russia, including those implemented on the principles of public-private partnership. Consistently implementing the #MEGAPLAYER strategy,