Global Trade Alert
Global Trade Alert

Russia: VEB.RF to finance Russian Platinum's project via a joint USD 2.3 billion loan with VTB

Announcement

30 Dec 2021

In December 2021, VEB.RF, a national development bank, announced a joint syndicated USD 2.3 billion credit with a commercial bank to support Russian Platinum's project. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

30 Dec 2021

Revocation date:

No revocation date

State loan In force

On 30 December 2021, VEB.RF, a national development bank, announced a joint USD 2.3 billion credit line with VTB, a state-owned bank, to support a palladium and platinum production facility. The commi...

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