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State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)"



State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" was established in 2007 by means of reorganization of the Bank for Foreign Economic Affairs of the USSR (Vnesheconombank of the USSR).
Vnesheconombank is viewed as a key instrument for implementing the state economic policy that is primarily focused on removing infrastructure restrictions on economic growth, enhancing the efficiency of natural resources utilization, developing high-tech industries, unleashing innovative and industrial potential of small- and medium-sized enterprises (SMEs), as well as ensuring support for exports of industrial production and services.
Vnesheconombank participates in implementing projects that are of priority importance for the development of Russia's economy, but in view of their large-scale character, complexity and long payback periods experience resource shortage coming from the private sector. Vnesheconombank delivers support for projects both through directly extended loans and credits, including project co-financing with other financial institutions, and by issuing guarantees and sureties.










BDO group in Russia - leading audit and consulting group, presented in the Russian market starting from 1989. In 2002, it joined BDO international, the 5th largest network of independent auditing and consulting companies in 115 countries. Currently, BDO group in Russia offers a complex support to its clients in the areas of audit, tax and legal consultations, financial consulting, system integration and business advisory. 50% of the Russian TOP-100 companies are our clients. BDO group employs more than 2,000 people in its offices located in all Russian Federation federal regions. The group's turnover reported for 2009 is over EUR 100 million.


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