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Vnesheconombank Participates in the Session and the Conference of the Long Term Investors Club

12 october 2012 года
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On October 8, 2012, Vnesheconombank Chairman participated in the session of the Steering Committee of the Long-Term Investors Club held in Luxemburg in the European Investment Bank Headquarters.

Members of the Steering Committee discussed the Club’s performance for the past year as well as new programs and initiatives. Members of the Steering Committee welcomed new member of the Club the Development Bank of Japan.

Vnesheconombank’s delegation also participated in the 4th International Conference of the Long-Term Investors Club. Board Member – Deputy Chairman Sergei Vasiliev acted as a moderator of the conference’s main session devoted to long term financing influence on economic growth.

The session’s participants – major politicians, economists and businessmen discussed issues of improving cooperation aimed developing favorable conditions for funding promising long-term projects.

High priority was also given to upgrading mechanisms for providing long-term financing in such sectors as infrastructure, small and medium-sized enterprises, power engineering and environmental protection.

The Long-Term Investors Club was created in April of 2009 at major European institutional investors’ initiative. The Club’s principal objective is to develop a joint investment policy as well as to enhance cooperation between major global investors. At present, the Club is comprised of such financial institutions as the European Investment Bank (EIB), the China Development Bank, Cassa Depositi e Prestiti, Kreditanstalt für Wiederaufbau (KfW), Caisse des Dépôts et Consignations (CDC) and others. Vnesheconombank Chairman Vladimir Dmitriev is a member of the Steering Committee and a vice-president of the Club. Member of Board - Deputy Chairman S. Vasiliev is Vnesheconombank’s representative (Sherpa) in the Long-Term Investors Club.

 

Origin: Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru
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