VEB.RF

VEB.RF
Native name
ВЭБ.РФ
FormerlyVnesheconombank, VEB
Company typeDevelopment corporation
IndustryInvestment
Founded1922 (as bank), 2007 (as development institute)
Headquarters,
Key people
Igor Shuvalov (chairman)
BrandsVEB.RF, VEB
₽8.4 bn (2020)
Total assets₽3,406 bn (2020)
Total equity₽689 bn (2020)
Websiteveb.ru/en

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. VEB (for Vnesheconombank) was re-organized in 2007 as a development institute, and rebranded as VEB.RF in 2018. It has financed more than 300 projects.