VEB.RF’s charitable and sponsorship activities are run in line with the Memorandum on Financial Policies of State Corporation ‘VEB.RF’.
Upon developing a sponsorship program, high priority is given to events and projects that are thematically in line with main lines of VEB.RF’s investment activity.
As one of the country’s largest banks, upon selecting projects VEB.RF
attaches special attention to its established traditions. Most significant projects have been
underway for a number of years and promote a positive image of Russia in the
world as a country with a rich national culture. To this end, VEB.RF
provides support for
VEB.RF’s program of charitable activity provides for rendering assistance to healthcare
institutions (procurement of medical equipment), the Russian Orthodox Church (renovation of culturally
and historically significant churches) and
A Program of Charitable and Sponsorship Support is prepared in the fourth quarter of each year, mostly on the basis of applications by line ministries and agencies. Applications are accepted till October 20 of each year. Programs of Charitable and Sponsorship Support for a forthcoming year are to be approved by the Bank’s Management Board and submitted to consideration by Vnesheconombank’s Supervisory Board which is to make a final decision.