Vnesheconombank has become a business partner of the 5th Baikal Economic Forum

The state corporation officially named 'Bank of Development and External Economic Activities’ (Vnesheconombank) has become a business partner of the 5th Baikal Economic Forum. The corporation was created by the Federal law ‘On the Bank of Development’. The basic directions and strategies of the bank are stipulated in Financial Policy Memo approved by the Government of Russian Federation.

 The bank’s activities encompass tackling infrastructural limitations for growth, increasing the efficiency of use of natural resources, stimulation of innovative technologies and industrial export; carrying out environmental projects, supporting small and medium sized businesses. The charter capital of the bank is 180 billion rubles.