This was reported by Interfax with reference to the press service of the bank.

“Already today, projects worth more than 40 billion rubles are under consideration at the PSB, and we are ready to provide comprehensive support to the population and businesses of the region,” Fradkov said in a press release.

It is reported that the bank is ready to assist in the implementation of investment projects, including through the use of public-private partnerships and concessions, as well as provide financial support to the region's fuel and energy enterprises.

The press service also informs that the PSB opened its first office in the Republic of Crimea - in Simferopol.

Earlier, the head of VTB Andrey Kostin announced his intention to start a bank in the Crimea.