Bank Inteza: Our Ultimate Goal for Sverdlovsk Region-Based Projects Is Profit-Making
UrBC, Yekaterinburg, October 4, 2011. It has not been decided yet to what degree and in what ways Bank Inteza is going to join the projects involving the construction of a high-speed Moscow-Yekaterinburg railway link and of an orbital motorway around Yekaterinburg. The negotiations are currently at the budding stage, the bank’s BOD Chairman and Head of Inteza Sanpaolo Russian representation Antonio Fallico announced at a press conference in Yekaterinburg.
‘There is also the financial aspect to consider, these projects are not about free resources, after all. We still make some money, even though the margin is not too impressive, but our ultimate goal is always the making of profit,’ says Bank Inteza Ural Subsidiary’s CEO Alexei Serebryakov.
Now the recent meeting of Governor of Sverdlovsk Region Alexander Misharin with Antonio Fallico resulted in the announcement that the bank was willing to take part in the construction of the high-speed railway connecting Moscow and Yekaterinburg.
‘There is also the financial aspect to consider, these projects are not about free resources, after all. We still make some money, even though the margin is not too impressive, but our ultimate goal is always the making of profit,’ says Bank Inteza Ural Subsidiary’s CEO Alexei Serebryakov.
Now the recent meeting of Governor of Sverdlovsk Region Alexander Misharin with Antonio Fallico resulted in the announcement that the bank was willing to take part in the construction of the high-speed railway connecting Moscow and Yekaterinburg.
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