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Company / Laws

The Commission of government approved the renaming of Vnesheconombank

Legal advice 30.10.2018 at 13:22

Legal advice

New

the name of the Corporation is part of the job of the government to achieve the objectives

may decree Putin

the government Commission on

legislative activities approved the renaming of Vnesheconombank

(VEB) state Corporation "national development Institute "WEBPAGE.Of the Russian Federation". [Newline] said Prime Minister Dmitry Medvedev at a meeting of the Supervisory

the Board of the Bank. Now the full name of VEB the state Corporation "Bank for development and

foreign economic Affairs (Vnesheconombank)". The rename

reorganization, Medvedev said. How much money will be spent on

the name change, he said.

"This is not just a name change,

it first of all, in my opinion, a reflection of the role which is assigned to the

, VEB," — said Medvedev. According to him, the renaming is due to

"that the government engaged not only crediting, but also

the complex support of projects." The web is primarily a Institute

development, not the Bank, said Medvedev.