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VEB.RF (State Development Corporation "VEB.RF"; until 2018 - Vnesheconombank) is a Russian state development corporation, a state investment bank (does not have a banking license from the Central Bank) that finances economic development projects.
It functions on the basis of a special federal law "On the State Development Corporation VEB.RF". The VEB.RF group includes Rosnano, the Skolkovo Foundation, the Russian Export Center, the SME Corporation, the Industry Development Fund, the Innovation Support Fund and other development institutions. Acts as a methodological center for ESG and "green" financing.
VEB.ru is headed by Chairman Igor Shuvalov.