Kadyrov, Kostin discuss investments in Chechnya

VTB Bank President and Chairman of the Board Andrey Kostin visited Grozny and met with the head of Chechnya Ramzan Kadyrov, Kadyrov wrote on his Instagram page.

"During the friendly conversation, we discussed a number of issues and investment projects that are of great importance for the economy and social sphere of Chechnya. It is especially important that we have reached an agreement that VTB will consider the investment projects in the real sector of the economy. This will have a positive impact on creating new jobs, increasing revenues to the budget of the republic," Kadyrov wrote.

"Also agreed on the participation of the Chechen Republic in VTB's charitable corporate program 'The World without Tears' and other programs of the social project 'VTB of Russia'. Within the framework of this project, children's medical institutions in Chechnya will be provided with targeted assistance. The institutions will receive charitable assistance in other social spheres," Kadyrov added.