The agreement cooperation between Otkritie Bank and Rencons was signed within the framework of the St. Petersburg International Economic Forum (SPIEF). The agreement was signed by Mikhail Zadornov, President and Chairman of the Board of Otkritie Bank, and Avni Akvardar, Chairman of the Board of Directors of Rencons. The agreement defines the possibility of further development of cooperation in such areas as the issuance of guarantees, letters of credit, factoring and leasing financing, as well as the implementation of salary projects, insurance of various risk categories and so on.