Global Trade Alert
Global Trade Alert

Russia: VEB.RF to provide a RUB 1.7 billion loan for a hotel construction

Announcement

07 Sep 2022

In September 2022, VEB.RF, the national development bank, announced the provision of a RUB 1.77 billion (USD 29.5 million) credit to Vasta Discovery for hotel construction. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Sep 2022

Revocation date:

No revocation date

Updated: 07 Sep 2022
State loan In force
On 7 September 2022, Veb.RF, the state-owned development bank, announced the disbursement of a RUB 1.77 billion (USD 29.5 million) loan to Vasta Discovery to support hotel construction in the Sakhalin...
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