News
05 July 2017

Russia's VEB inks 6 billion yuan deal with CDB

Region:
Asia-Pacific, Europe

Russia's VEB has signed an agreement to attract 6 billion yuan from China Development Bank for innovations, including the development of blockchain technologies. VEB is under Western sanctions over the Ukraine conflict and cannot raise long-term financing from US and European investors.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
14 April 2025

Atishoo: Non-bank trade finance trio catch a cold

The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the...

Video
22 April 2025

20 Minutes With: Marie-Laure Gastellu, Societe Generale

TXF spoke with Marie-Laure Gastellu, global head of trade finance services at Societe Generale, to outline the latest measures the bank has in place to handle geopolitical...