VEB.RF

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VEB.RF

Native name	ВЭБ.РФ
Formerly	Vnesheconombank, VEB
Company type	Development corporation
Industry	Investment
Founded	1922 (as bank), 2007 (as development institute)
Headquarters	Moscow , Russia
Key people	Igor Shuvalov (chairman)
Brands	VEB.RF, VEB
Net income	₽8.4 bn[1] (2020)
Total assets	₽3,406 bn[1] (2020)
Total equity	₽689 bn[2] (2020)
Website	veb.ru/en

VEB.RF, or VEB (Russian: ВЭБ.РФ), is a Russian state development corporation and investment company. It was the Russian successor entity of the Foreign Trade Bank of the USSR, renamed Vnesheconombank in 1988 and dismantled in 1991. VEB (for Vnesheconombank) was re-organized in 2007 as a development institute, and rebranded as VEB.RF in 2018.^[3] It has financed more than 300 projects.^{[citation needed]}