On-line supplement
to the Maritime Market magazine

Last modified: 2014-12-01

Company press releases

• Vnesheconombank extends guarantee as a security for NOVATEK company’s obligation
• Vnesheconombank was given first place in the category "High Transparency" of the National Procurement Transparency Rating
• VEB to launch anelectronic system of supporting russian exports
• Vnesheconombank to promote cooperation in innovation development of Saint Petersburg’s industry
• Vnesheconombank to assist in developing the Russian shipbuilding industry
• Vnesheconombank and OJSC the United Shipbuilding Corporation (OJSC USC) Agree on Strategic Cooperation
• Vnesheconombank and OJSC Sredne-Nevsky Shipyard Agree on Strategic Cooperation
• Vnesheconombank Intends to Participate in Funding the Construction of a Deep-Water Grain Terminal in the Far East
• Vnesheconombank Raises Credit from HSBC Bank Plc against Export Insurance Agency SACE SpA’s Guarantee
• The Yanino Multifunction Logistics Park Opens in the Leningrad Region
• Vnesheconombank raises a record syndicated loan
• On Signing Credit Agreement between Vnesheconombank and OJSC Rosneftbunker
• On Signing Agreements between Vnesheconombank, OJSC VEB-Leasing and OJSC Sovcomflot
• On signing a Framework Credit Agreement between Vnesheconombank and the China Development Bank
• On Vnesheconombank’s Participation in Building a Shipyard in the Primorsky Territory
• On Signing Agreement between Vnesheconombank and the Far Eastern Shipbuilding and Ship Repair Center
• Russian Prime Minister V.V. Putin Meets Chairman of Vnesheconombank V.A. Dmitriev
• On the Supervisory Board’s Decisions
• Russian Prime Minister V.V. Putin Conducts a Meeting with Chairman of Vnesheconombank V.A. Dmitriev
• On Signing Memorandum between Vnesheconombank, Cuba’s Transportation Ministry and OJSC United Shipbuilding Company
• On Signing Agreement between Vnesheconombank and China State Development Bank
• On Agreement between Vnesheconombank and OJSC United Shipbuilding Corporation
• On Agreement between Vnesheconombank and the China State Development Bank
• Vnesheconombank and Export-Import Bank of Korea Enter into Agreement
• Vnesheconombank and United Industrial Corporation Sign Memorandum
• Agreement between Vnesheconombank and OJSC Sovkomflot

Main activities:

VEB - The Bank for Development operates to enhance competitiveness of the Russian economy, diversify it and stimulate investment activity.

Vnesheconombank is not a commercial bank, its activity is governed by special Law № 82-FZ which came into force on June 4, 2007.

VEB does not compete with commercial credit institutions and participates only in those projects that cannot receive funding from private investors. Under the Memorandum on Financial Policies, Vnesheconombank is to extend credits, guarantees and sureties under projects a payback period of which does not exceed 5 years and a total value is more than 2 billion rubles.

At present, Vnesheconombank Group* has been set up, it is comprised of VEB’s subsidiary institutions whose activities are designed to implement various provisions of the Law “On the Bank for Development”.