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.
VTB Group conducts its banking business in Russia through VTB Bank as a parent.
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 60.9%. VTB Group operates outside Russia through 15 bank subsidiaries and 2 representative offices.
Net profit: US$ 1.8 billion (2010), US$ 2.8 billion (2011), US$ 2.9 billion (2012), US$ 3.0 billion (2013), US$ 11.0 million (2014), US$ 24.0 million (2015), US$ 860 million (2016), US$ 2,086 million (2017).
HQ: Moscow, Russia
Founded: 1990
ID: 1229. Updated: 01.04.2019
- Press Releases
- 26.02.2019 VTB reports full-year 2018 net income of RUB 178.8 billion (approx. US$ 2.6 billion), compared to RUB 120.1 billion in 2017 (+49%). Total assets amounted to RUB 14.761 trillion at December 31, 2018.
- 18.05.2018 VTB reports first quarter 2018 net income of RUB 55.5 billion (approx. US$ 898 million), compared to RUB 27.6 billion in first quarter 2017 (+101.1%).
- 09.03.2017 VTB Bank recognised as the best trade finance bank in Russia by International Finance Magazine (IFM). Read more
- 16.08.2016 VTB Bank today reported net income for the second quarter of 2016 of RUB 14.8 billion (approx. US$ 228 million), compared with net income of RUB 1.2 billion in the second quarter of 2015. First half 2016 net income totaled RUB 15.4 billion.
- 20.05.2014 VTB Bank and Bank of China today signed an Agreement on Cooperation in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping. Read more
- Head office: 43, ul. Vorontsovskaya, Moscow, 109044
- Phone: +7 (495) 739-77-99
- Fax: +7 (495) 258-47-81
- SWIFT: VTBRRUMM
- Key people: Anton Siluanov (Chairman), Andrey Kostin (President)
- Company type: Public (MCX: VTBR, LSE: VTBR, MICEX: VTBR)
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