Vnesheconombank’s regional policy
We pursue our regional policy in close interaction with regional public authorities and seek to cement the strategic partnership and long-term relations with Russian regions. The core objectives of our regional policy are as follows:
- encourage the economic development of Russian regions by generating new regional economic growth centres drawing on competitive advantages of respective regions;
- contribute to economic diversification in single-industry towns;
- engage in projects and development programmes intended to mitigate the gap in the life quality between Russian regions;
- facilitate improvements in the investment climate and spur on business activity.
The Bank addresses the task of integrated territorial development through cooperation agreements and joint action plans signed with Russian regions and by strengthening the role of regional development institutions where Vnesheconombank has an equity interest. Vnesheconombank’s representations across the Russian Federation play an important role in handling these integrated territorial development tasks. To enhance investment efficiency at early stages, the Bank’s regional network collects and analyses data on regions’ appetite for lending and financial products and services of Vnesheconombank Group, and builds its regional database that includes data on development programmes by regions and single-industry towns and high-potential investment projects, including the PPP based ones.