OREANDA-NEWS. Vnesheconombank's Deputy Chairman Sergey Vasiliev participated in the autumn meetings of the IMF and the World Bank Group (October 7-9, 2016, Washington D.C.). The following events were attended:
  • the regular meeting of the Long-Term Investors’ Club. During the meeting the new co-president from Europe was elected. The post was given to European Investment Bank President Werner Hoyer. The participants discussed what issues are to be included on G20 agenda. The Club was formally launched in April 2009 at the initiative of large institutional investors against the backdrop of the global financial crisis. Vnesheconombank has been a member of the Long-Term Investor Club since June 2009.
  • the fifth annual meeting of the International Development Finance Club (IDFC). The participants discussed the amendment of IDFC's Articles of Association and the results of the internal study regarding IDFC's role. The agreement on the establishment of the International Development Finance Club was signed by 19 leading development finance agencies in September 2011 during the IMF and World Bank session in Washington. Today the club members include 23 financial institutions.