Export support

In accordance with Vnesheconombank's Strategy 2021, support of Russian non-resource export is one of the key priorities in the activities of the VEB Group.

The Bank plays a leading role in the Russian export state support system.

Who we work with:

  • exporters of Russian products or services/Russian manufacturers;
  • foreign buyers of Russian products;
  • foreign financial institutions for the purpose of Russian export support.

We offer a whole range of financial services, including:

  • export lending (buyer credit)
  • interbank lending (financing with participation from foreign financial institutions);
  • guarantees, letters of credit and other documentary operations;
  • pre-export financing of investment projects on the territory of the Russian Federation;
  • financing investment projects abroad.

We participate in the implementation of the government support programme for Russian high-technology products which provides loans on terms ensuring competitiveness of Russian goods abroad.

We develop individual solutions for each particular project and have unique experience in:

  • financing large complex export projects;
  • working in high-risk markets;
  • cooperating with foreign financial partner institutions (performing documentary operations, participating in syndicated transactions and arranging co-financing from Russian and international banks and development institutions);
  • using new currencies for loans and settlements.

Our priority is to support export of Russian high-technology products.

Where we work

We are present in more than 30 countries. We promote geographic diversification of exports and help Russian companies enter new markets as well as retain their presence in countries that have traditionally been foreign trade partners of the Russian Federation.

The key regions include:

  • CIS Countries;
  • South East Asia;
  • Latin America;
  • Europe;
  • Africa.

Compliance

Our work is governed by the principles and regulations of Russian and international law, including the standards on combating bribery in international business transactions.

Export finance

The Bank is now the leader on the Russian export finance market and is a key element of export support for a number of industries in Russia.

Why work with us:

  • various types of transactions, including large-scale and long-term transactions;
  • favourable lending terms;
  • possibility to work in high-risk markets;
  • support at all stages of the project;
  • promotion of interests of Russian exporters.

Documentary support

  • Letters of credit (confirmation, post-financing)
  • Guarantees
    • guarantees securing obligations (advance payments, obligations, settlements);
    • bid guarantees;
    • stand by letters of credit;
    • counter-guarantees.
  • Other documentary products

We are constantly working to expand the product line to meet the needs of Russian exporters.

Why work with us:

  • Vnesheconombank's sovereign rating (international credit ratings correspond to the credit ratings of the Russian Federation)
  • possibility to work in high-risk markets;
  • broad network of foreign financial partner institutions.

Financing projects abroad

To facilitate access of Russian industrial products to foreign markets, we offer support of Russian private equity investment abroad through co-financing of investment projects and purchase of assets in foreign countries. Participation in supply chain finance projects abroad to stimulate export of Russian components and hardware has always been one of the Bank's major focuses.

Non-financial support

We seek to provide comprehensive support that can be specifically tailored to the exact needs of Russian exporters.

Our prime focus is to create favourable conditions for export activity of Russian companies. To this end, we use the platforms of international exhibitions, workshops, business councils, government commissions and other advisory authorities.

We work in close cooperation with federal executive bodies, contribute to the improvement of the legal framework relating to export support and interact with the business community to discuss pressing issues in export development, work out mutual proposals regarding activity prospects and search for business partners for Russian enterprises.

You can contact Vnesheconombank in one of the following ways:

E-mail: export@veb.ru

Exporter support information service (in Russian)

Vnesheconombank's web site provides an information and consultancy service for Russian participants of foreign economic activities. Russian companies can quickly access information on key areas of export financing within the VEB Group, including for the purposes of determining possible instruments for financing a particular project.

To read the rules of providing information services and a list of standard queries and to submit a query using this service, please click on the link.