Vnesheconombank of the Russian stock market in 2008 .

The mechanism of investment in assets in the Russian stock market with the help of the National Welfare Fund ( NWF ) and the bank, used in the midst of an economic crisis of two thousand and eight-two thousand and nine , can be used in the present.According to " Interfax As pointed out by " Finmarket " at the disposal of which were recommendations of the bank, corporation requests the authorities to consider the possibility of a repetition of this practice , " taking into account the positive experience of support by Vnesheconombank of the Russian stock market in two thousand and eight ."Gain on sale of securities acquired by VEB obtained after changing trends in the stock market can again be used to finance government programs.In a letter Luikov stated that due to the results of VEB in two thousand and eight after the crisis was to fund a program to build affordable housing and mortgages , the establishment of export insurance agency in Russia and support program for small and medium businesses.Also in the VEB offer securities and government to ensure the country 's banking sector ruble liquidity and smooth fluctuations in the currency market fluctuations .In autumn two thousand and eight , Russian President Dmitry Medvedev signed a package of laws on which the VEB has been allocated from the NWF one hundred and seventy-five billion rubles to invest in the domestic stock market and support the value of the shares of Russian companies.The funds were placed in the VEB to October twenty-one, two thousand and thirteen at seven percent per annum.The funds NWF Vnesheconombank bought shares of "Gazprom" , Sberbank , VTB, " Norilsk Nickel EBV is also invested in the bonds of "Gazprom" , Railways , VTB, " VTB - Leasing Finance ," Bank of Moscow, the Russian Agricultural Bank , Gazprombank and " Lukoil ."By the end of January two thousand and nine the bank has used funds allocated to him , and at the end of that year returned the deposit and interest.Alexei Kudrin , who was then finance minister , estimated return on investment in the VEB , the Russian stock market in the tens of percent.