MOSCOW, Nov 29 (PRIME) -- The Russian central bank will monitor financial risks of the VEB group, earlier known as Vnesheconombank, according to a report released by the authority on Thursday.
“Taking into account the aforementioned potential risks and the systemic importance of group VEB for the financial system of Russia, an in-depth constant monitoring of the risks of the development bank is becoming pressing,” the central bank said.
VEB will submit information quarterly under an agreement signed with the central bank at the beginning of 2018.
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