OREANDA-NEWS. June 25, 2009. State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ became a full member of the Long-Term Investors’ Club (Le club des investisseus de long terme). The Club’s Charter was signed by Vnesheconombank Chairman Vladimir Dmitriev in the course of the first conference of this organization held in Paris on June 22, 2009 and followed by an Annual Summit of Organization for Economic Cooperation and Development (OECD) member states’ ministers.

The Long-Term Investors Club was established in April 2009 on the initiative of major European institutional investors. The Club’s main objective is to formulate joint investment policy and also boost cooperation between major world investors. At the present, the Club incorporates the European Investment Bank, Cassa Deposite e Prestiti (Italy), German State Lending Bank KfW and the French State Bank Caisse des depots et Consignations (CDC).