Vnesheconombank decided to set up export credit insurer.

Goskorporatsiya Vnesheconombank (VEB) may create the Agency for export credit insurance and investment-based subsidiary Roseximbank. This was announced by deputy chairman Peter VEBa Fradkov, RIA Novosti.
In May 2007, the Web has become a major export credit insurer of commercial and political risks. The provisional rules of insurance such loans were approved during the summer of 2008. In doing so, according to Fradkov, the Russian law has no rules, which require gosgarantii Treaty export credit insurance VEBa.
Export credits provided by private firms and banks, either foreign TV companies or countries to pay for goods purchased in a country or company-creditor. Structures that deal with export credit insurance, is in most developed countries in the world. For example, in China this function performs goskorporatsiya Sinosure.
Government reform VEB in 2007 through the merger of Vnesheconombank, the Russian Bank for Development and Roseximbank into a goskorporatsiyu Development Bank. EBV can work on the Russian market without a license from the Central Bank and lend to companies not respecting the rules of CB. Goskorporatsiya is the largest distributor of budgetary funds in the Russian economy, and also manages pension savings 90 percent of Russians.