OREANDA-NEWS. Vnesheconombank was recognized as the best financing institution in the category "Excellence in Banking/Investment Business/Russia" according to Italian financial and economic magazine IAIR.

The winner was identified by a decision of the magazine's editorial board on the basis of the internet-research results in which the magazine's readers participated.

An awarding ceremony was held on the Italian Stock Exchange trading floor (the Group of London Stock Exchange) in Milan. In attendance of the ceremony were more than 50 companies whose main principles are development of innovations and commitment to sustainable development.

The magazine traditionally gives awards to banks, corporations, holdings and companies operating in accordance with principles of ecological and social responsibility.

International IAIR Awards was established by Italian business magazine IAIR (international Alternative Investment Review) in 2010.