Sberbank told about the bank's tasks for the implementation of the HSR project

Sber should provide the Moscow—St. Petersburg high-speed railway (HSR) project with the necessary financing — a banking syndicate has been created for this purpose, as well as organize the preparation and signing of all documents, said Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank.

Speaking at the session "High—speed traffic - points of growth for the economy of the future" at the SPIEF, he clarified that the loan documentation for the HSR project totals 10,000 sheets. If you stack them one on one on a table, Vedyakhin continued, you get a stack one and a half meters high. The documents have 1,000 signatures.

Another task is to organize communication between all project participants: banks, non—governmental pension funds, a leasing company, and the state.

"This is the largest concession in the history of Russia. In the future, the banking syndicate will have to be expanded for the construction of other high-speed trains. Banks that see a strategic advantage in this project have decided to participate in the banking syndicate," Vedyakhin said.

According to calculations by Sber, HSR will reach operational payback in 10 years. In another 10 years, stable debt repayment will be ensured, added the First Deputy Chairman of the Board of Sberbank.