VEB.RF is Russia’s national economic development institution. In partnership with commercial banks, VEB.RF contributes to the implementation of large-scale projects, notably in high tech, non-resource exports, infrastructure upgrade, and urban agglomerations. The Group’s assets total 3 255,2 bln roubles, equity 719,2 bln roubles, commitments 2 536,2 bln roubles (as on 31 March, 2021).
By government decree, VEB.RF coordinates the activities of other development institutions, notably the Agency for Technological Development, SME Corporation, Rusnano, the Russian Export Centre, Roseximbank, EXIAR, Skolkovo Foundation, Industry Development Fund, and the Fund for Infrastructure and Educational Programmes.