News
11 June 2018

China Development Bank may loan up to $10bn to Russia's VEB

Region:
Asia-Pacific, Europe

Russian state development bank Vnesheconombank (VEB) could receive up to $10.14 billion from the China Development Bank to finance joint projects. "Currently, there are about 70 projects we could co-finance, which would greatly contribute to coordinating integration processes," VEB's newly appointment chairman Igor Shuvalov said.

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