investment

veb.rf

publicRussia
2
Bounties
43.96 MATIC
In bounties

About

VEB. RF is a Russia’s national economic development institution. It is a state corporation established by Russian federal law. VEB. RF’s charter capital comprises funds and other property contributed by the Russian Federation; it also receives direct contributions from the Federal Budget. However, it is not a ministry or a state agency, but a special entity, tasked with facilitating a wide range of socio-economic development activities.

Threat

On 22 February 2022, President Joe Biden announced that the US and its European allies will impose sanctions against the bank in response to the 2021–2022 Russo-Ukrainian crisis.

Operates in

  • Russia