VTB Bank (Bank for Foreign Trade of Russia, VTB Group, former Vneshtorgbank) is a leading Russian financial group, offering a wide range of banking services and products in Russia, CIS, Europe, Asia and Africa. The Group conducts its banking business in Russia through VTB Bank as a parent and 5 subsidiary banks: VTB24, Bank of Moscow, TransCreditBank, Mosvodokanalbank and Bezhitsa-Bank. Total assets: US$ 127.33 billion (as of December 31, 2011). Net profit: US$ 1.8 billion (2010).
The Group's business franchise spans Corporate and Investment Banking (CIB) and Retail Banking. In CIB, the Group provides a broad range of services and products including corporate lending, foreign trade transactions, syndicated loans, deposit and settlement services, equity and debt capital markets underwriting, project financing, merger and acquisition financing, advisory services, custody services, asset management and venture funds.
The Government of the Russian Federation is VTB's major shareholder, with its share accounting for 75.5%. VTB Group operates outside Russia through 15 bank subsidiaries and 2 representative offices.
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VTB Bank :: Press Releases
08.12.2011 VTB Group registered net profit of RUB 72.6 billion (approx. $2.4b) in the first nine months of 2011, an increase of 87.1% from a year earlier. More
01.09.2011 VTB Group delivered a record six-month net profit of RUB 53.6 billion for 6M 2011 (approx. US$ 1.85 billion, up 113.5%), and record quarterly net profit of RUB 27.5 billion for 2Q 2011 (up 5.4%). More
17.08.2011 VTB Bank has signed a framework loan agreement on lending funds under foreign trade contracts of VTB customers with Banco Español de Crédito. More
23.05.2011 VTB Bank was ranked the "Best Sub-Custodian Banks 2011" in Russia according to Global Finance magazine, a reliable source of news and analysis for the most important financial people in the world. More
27.04.2011 VTB Group reports full-year 2010 net profit of RUB 54.8 billion (approx. US$ 1.8 billion) compared with net loss of RUB 59.6 billion (approx. US$ 1.97 billion) in 2009. More
Financial News
Rating agency Moody's downgrades 16 Spanish banks - 18.05.2012 Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe. Among those downgraded were giants Banco Santander and BBVA, the country's two largest banks. Source: CNNMoney
Middle East's Leading Banking Technology & Innovation Summit to be held in Dubai - 07.05.2012 Following on from the success of the 2011 Middle East Banking Technology & Innovation Summit, Expotrade announces that this year’s event will once again take place in Dubai on the 1-2 October 2012. This year’s conference will focus on strengthening the Middle Eastern banking and financial industry’s position within the global market. Source: Expotrade
More than 2.5 billion people around the world don’t have a bank account - 23.04.2012 Three quarters of the world’s poor don’t have a bank account, not only because of poverty, but the cost, travel distance and amount of paper work involved in opening an account, according to new data released by the World Bank. Source: World Bank
No breakthrough in Swiss-US tax dispute despite talks - 22.04.2012 Talks between senior U.S. and Swiss officials about a dispute over unpaid taxes on accounts held in Swiss banks led to no breakthroughs, Swiss President Eveline Widmer-Schlumpf said on Saturday. Source: Reuters
Western Union to launch innovative payments platform WU Pay - 22.03.2012 The Western Union Company, a leader in global payment services, today announced that it will launch WU Pay, a new and innovative electronic payments platform that will significantly improve the customer experience and safety for millions of people seeking to make online payments or transfer money. Source: Western Union
U.S. Banks Complete Stress Tests - 14.03.2012 The majority of the largest banks will continue to have enough capital to satisfy regulators, even if they suffer a financial shock that includes unemployment hitting 13 percent and a 21 percent drop in housing prices, the Federal Reserve said on Tuesday. Source: Reuters
VTB Bank (Bank for Foreign Trade of Russia, VTB Group, former Vneshtorgbank) is a leading Russian financial group, offering a wide range of banking services and products in Russia, CIS, Europe, Asia and Africa. The Group conducts its banking business in Russia through VTB Bank as a parent and 5 subsidiary banks: 
+7 (495) 739-77-99, 8-800-200-77-99 (Russia toll-free)
+7 (495) 258-47-81 
