Sydney, 09 September 2007
Macquarie Bank today announced the signing of a Cooperation Agreement with Russian state corporation Vnesheconombank. The Agreement was signed in the presence of Russian President, Vladimir Putin, by Mark Johnson (Chairman of ABAC 2007, former Deputy Chairman of Macquarie Bank and Chairman of the Macquarie Infrastructure Group) and Vladimir A. Dmitriev (Chairman of Vnesheconombank) in the course of the 2007 Asia-Pacific Economic Cooperation (APEC) meeting.
The Agreement signifies the intention for Macquarie Bank and Vnesheconombank to find opportunities to cooperate in a variety of areas and industries of mutual interest to clients in their home markets. This may include advisory services and financing arrangements in prospective projects or transactions.
A second cooperation agreement was signed between Vnesheconombank and Macquarie Renaissance with a specific focus on opportunities in the infrastructure sector in Russia and other CIS countries. Macquarie Renaissance is a joint venture between Macquarie Bank and Renaissance Capital with the aim of developing infrastructure advisory and fund management opportunities in Russia and the CIS.