Putin to chair Vnesheconombank supervisory board meeting

MOSCOW, February 22 (Itar-Tass) -- Russian Prime Minister Vladimir
Putin will chair a meeting of the Vnesheconombank (VEB) Supervisory Board
on Tuesday.
The meeting will focus on the bank's draft budget for 2011. The
combined portfolio of loans to non-lending organizations is expected to
reach 454.1 billion roubles (up by 105.1 billion roubles). The
balance-sheet profit is to be 31 billion roubles.
The Supervisory Board will also discuss governmental support to
shipbuilding enterprises, including through guarantees of repayment to
customers who have placed orders at Russian shipyards, which currently do
not have sufficient financial resources for such guarantees.
The board will also consider the bank's plans to acquire bonds of the
United Aircraft Corporation (UAC).
The agenda also includes VEB's participation in the financing of
Moscow development plans through public-private partnership up to 900
million roubles.
The board will also discuss updated parameters of the bank's
participation in the financing of the construction of an ammonia, methanol
and carbamide plant in Mendeleyevsk, Tatarstan.