Priorities
The latest country strategy for Russia, approved in July 2006, defined strategic priorities in support of the following objectives: infrastructure, economic diversification, competitiveness, entrepreneurship, environment and energy efficiency, and regional development.
The sector allocation of the Bank’s annual business volume is intended to shift towards transport, municipalities and power utilities, and to remain at a high level in the corporate sector, with an energy efficiency focus cutting across all sectors, together with a continuous focus on medium-sized banks and an emphasis on the regions of Russia.
Innovation and technology are an important dimension of the Bank’s strategy, as well as investments along the food chain.
Wide range of instruments
The Bank will use a wider range of instruments to achieve its objectives, such as:
- Increased utilisation of the equity instrument in all sectors;
- Design and financing of public-private partnerships, in conjunction with government and sub-sovereign entities, supported by an expansion of the Bank’s rouble funding in the Russian bond market;
- Increased project co-financing with Russian banks and private equity funds;
- Implementation of an equity/mezzanine facility for medium-sized projects.