VEB.RF

VEB.RF operates on the basis of the federal law “On the State Development Corporation VEB.RF”.

Its main task is to promote long-term economic development of Russia. In partnership with commercial banks, VEB.RF finances large-scale projects aimed at infrastructure development, industry, social sector, strengthening technological potential, and improving the quality of life.

The highest governing body of VEB.RF is the Supervisory Board.

According to the memorandum on financial policy, VEB.RF participates in the implementation of national projects aimed at fulfilling the President’s May Decree. Its operating principles include the absence of competition with commercial banks, transparency, and break-even performance when financing projects.