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
22 August 2025

Wasting your breadth? Glencore reports disappointing...

The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business...

Interview
29 August 2025

Gambelli looks to DFI collaboration at Maire Met Development

Irene Gambelli, subsidised financing manager at Maire Met Development, discusses her new role, and her work in liaising with MDBs and DFIs alongside ECAs to initiate, promote...