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27 november 2013 года
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A report published by the Anticorruption Research Center – Transparency International–R on transparency of purchases, their openness and compliance observance in Russian state corporations is interesting and undoubtedly useful for each state-owned company.

As Vnesheconombank participated in the research done it has the right to comment on the content of this material.

Work on posting subdivisions on Vnesheconombank’s official site and filling them with content is to be performed in accordance with the Russian Anti-Corruption Legislation and within the time limits set by it.

Data on incomes, property and property obligations of the state corporation’s top management are posted on the site and are available in the archive.

By law, Vnesheconombank is to post information on purchase activity on the Official Site of State Purchases and till the site was launched (October 1, 2012) information on purchases had been posted on VEB’s site.

Vnesheconombank holds a unique position among Russian state corporations for the reason that it is a bank and a creditor institution.

Participation of the Bank’s representatives in profit-making organizations’ governing and control bodies is to be approved by Vnesheconombank’s Supervisory Board and is to be carried out either on the Russian Government’s instructions (to represent the state’s interests) or to make arrangements for exercising control over spending monetary funds bankrolled by the Bank for Development to finance investment projects.

Vnesheconombank set up a Code of Official Conduct and Conflict of Interests Settlement Commission which is functioning now (information is posted on the site).

 

Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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Vnesheconombank Enters into a Memorandum of Understanding with Italian Mediobanca

26 november 2013 года
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In the course of Russian President Vladimir Putin’s working visit to Italy Vnesheconombank and Mediobanca signed a Memorandum of Understanding. The Memorandum was signed in the presence of Russian President Vladimir Putin and Italian Prime Minister Enrico Letta as part of Russian-Italian summit interstate consultations underway in the city of Trieste.

On behalf of Vnesheconombank the Memorandum was signed by Chairman Vladimir Dmitriev and on behalf of Mediobanca - by Deputy Director General and Board of Directors Member Massimo Di Carlo and Managing Director Maria Luisa Cicognani.

The Memorandum of Understanding is aimed at expanding cooperation between the two banks in the field of Russian-Italian trade and economic activity including through providing funds by the Italian bank against insurance coverage of export insurance agency SACE as well as on a commercial basis. The parties also agreed to jointly implement public private partnership projects and cooperate in carrying out treasury operations.

 

Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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