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VEB.RF, or VEB ( Russian: ВЭБ.РФ ), is a Russian state development corporation and investment company. It was the Russian successor entity of the Foreign Trade Bank of the USSR, renamed Vnesheconombank in 1988 and dismantled in 1991.
Jul 14, 2021 · Vladimir Putin had a working meeting with Chairman of the State Development Corporation VEB.RF Igor Shuvalov to discuss the financial organisation’s strategy and projects.
May 13, 2020 · VEB.RF is working on the first-ever national standard of green finance to help achieve this goal, in sync with internationally accepted ICMA and CBI criteria, and guided by key pillars of “Ecology,” the nation’s ambitious programme to reduce pollution and promote a sustainable lifestyle.
Mar 1, 2022 · Overview. S&P Global Ratings lowered the long-term foreign currency (FC) sovereign credit rating on Russia to 'BB+' from 'BBB-' and its long-term local currency (LC) rating to 'BBB-' from 'BBB' and placed them on CreditWatch with negative implications on Feb. 26, 2022.
Aug 23, 2022 · Chairman of the State Development Corporation VEB.RF Igor Shuvalov informed the President about the priority areas of the bank’s operations amidst the external sanction pressure.
Nov 10, 2021 · Climate Bonds Initiative welcomes taxonomy as “in line with international best practice”. Glasgow: 10/11/2021, 13:00 GMT: Yesterday at COP26, the state development bank VEB.RF announced the official adoption of the Russian Green Taxonomy.
Aug 9, 2021 · VEB.RF. Mon 09 Aug, 2021 - 7:20 AM ET. Sovereign Support: The affirmation of VEB.RF’s (VEB) Long-Term Issuer Default Ratings (IDRs) and Support Rating Floor (SRF) at the sovereign level of 'BBB' reflects Fitch's view of the very high propensity of the Russian authorities to support the bank, if needed.
Mar 16, 2021 · Sovereign Support: VEB.RF’s (VEB) ratings reflect Fitch Ratings’ view of a very high propensity of the Russian authorities to provide support, if needed. This view considers VEB’s policy role in economic development, the record of capital support to date, VEB’s direct state control and supervision, and the high reputational risk of a ...
Jul 26, 2021 · On July 26, 2021, S&P Global Ratings affirmed its 'BBB-/A-3' long- and short-term foreign currency issuer credit ratings and its 'BBB/A-2' long- and short-term local currency ratings on Russian state-owned development corporation VEB.RF (VEB).
May 7, 2020 · Yuri Korsun, deputy chairman of Russian development institution VEB.RF, talks to Joy Macknight about its project finance factory, the impact of sanctions and the bank’s role in stimulating green finance in Russia.
