19 Dec 2014 09:30

VEB puts capital needs at 30 bln rubles annually to 2017

MOSCOW. Dec 19 (Interfax) - Russian state development bank VEB's annual recapitalization is estimated at 30 billion rubles to 2017, VEB head Vladimir Dmitriev told reporters on Thursday following the bank's supervisory board meeting.

"Right now the issue is that VEB is recapitalized by 30 billion rubles annually to 2017, but this figure is flexible. Its size depends on the degree of the covenant, and primarily capital adequacy," Dmitriev said.