"03" June 2016 signed an agreement on cooperation between the Fund for the Development of Economics and Direct Investments of the Chukotka Autonomous Region and the Public Joint Stock Company "Asia-Pacific Bank".
The subject of the Agreement is long-term cooperation of the parties in the financial and credit sphere and information and communication fields. The main objectives of the agreement are the social and economic development of the Chukotka Autonomous Region, assistance in developing cooperation between the representatives of the Region business, representatives of state authorities, banking structures and the Chukotka Development Fund.
“Signed by the Fund and the Asian-Pacific Bank agreement is significant and suggests a new round of development in the systematic work of the Fund, aimed at better and more large-scale expansion of the investment strategy in the region. The main terms of the agreement are the following: assistance in the implementation of the enterprises of the Chukotka Autonomous Region investment projects
with attraction of credit and guarantee products of the Bank, the creation of conditions for the benefit of small and medium-sized businesses to ensure that they have equal access to information and credit, joint participation in advisory services at structuring proposed transactions and potential investors in the financing of enterprises, the subjects of small projects and the CPE his business “- commented Director Olga Plotnikova Fund.
“In general, the signed agreement is the result of the dense work of the two strategic partners. Joint efforts in the development of consolidated measures were aimed at filling the information gap in the business environment of the district. In addition, the achieved results of joint work make it possible to assume a higher level of practical and consultative support for the investment component within the region. “- Alexey Fedichikin, head of the Asia-Pacific Bank’s operational office No. 99 in Anadyr.
Provision of the fullest range of banking services within the framework of the signed agreement presupposes not only the traditionally implemented list of the Bank’s products, but also provides an opportunity to obtain a completely new and up-to-date list, including: guarantees in the framework of concession agreements, provision of guarantee products of the security part of transactions for participation in tenders in the framework of state orders, the provision of targeted investment loans, leasing programs, trade finance products for the purpose of the development of small and medium-sized businesses of the region.
The constructive interaction of the parties to the Agreement with the executive authorities of the Chukotka Autonomous Region and local self-government bodies will allow for the formation of a base of socially significant prospective investment projects at a better level, determine the list of significant enterprises participating in the development of priority programs of the district, fill the information space with a single information window for potential investors. These measures will further successfully develop and implement the investment policy of the district as a whole.
Fund87, 04.06.2016