VTB Bank (former Vneshtorgbank) is one of the leading universal banks of Russia. VTB Bank and its subsidiaries form a leading Russian financial group – VTB Group, offering a wide range of banking services and products in Russia, CIS, Europe, Asia, Africa, and the U.S. The Group’s largest subsidiaries in Russia are VTB 24, Bank of Moscow.
VTB was ranked 446th on the FT Global 500 2012, The Financial Times’ annual snapshot of the world's largest companies. It climbed to 210th in the ranking of the 500 largest companies in Europe, the FT Europe 500 2014, and to 127th in the FT Emerging 500 2014, the list of the 500 largest companies on the world’s emerging markets. The Moscow-based bank is registered in St. Petersburg and came 66th in the British magazine The Banker’s Top 1,000 World Banks in terms of capital in 2014.
The property of co-founder of Russia's Internet retailer Ulmart was arrested in Saint-Tropez.
Why did the oligarch Alexander Mashkevich bring the state bank to the Congo?
Their buyers may turn out to be entities connected with the head of the bank Andrey Kostin or his entourage, experts suspect.
The implementation of the Rosneft-2022 strategy will increase the market value of the largest Russian oil company by 25-30%, Igor Sechin asserts.
The $17 billion deal between Rosneft and British oil and gas giant British Petroleum was consulted by the firm with the participation of an old Putin friend, Matthias Warnig.
Left without the "western protection", Russian Forbes is rapidly degraded.
NGO Cosmos has been captured by the people involved in scandals with offshore salaries and bribery of Forbes.
The corporate culture is based on the state bank embezzlement and murders of witnesses.
The family of the FSB "caretaker", with the help of intelligence and businessmen from the Forbes list, invests in fashion, development and hunting.
Russian banks at risk of losing business in Ukraine.
Will the owner of Africa Israel Investments Lev Leviev save his business?
VTB financial statements are made to hide the real state of affairs in the bank. That's why the rating agencies gave it low marks.
Top management of the second largest state bank in Russia is sabotaging the plans for privatization and accused the expert agency of the "wrong method."
Russia is waiting for a new privatization, senseless and merciless.
The current head of VTB actually blocked the decision of the Government for the sale of a blocking stake in the bank. Now the privatization is possible either after the lifting of sanctions, or after the resignation of the stubborn top manager.
For more than six months VTB can not come into the ownership of the largest telecommunications operator in Bulgaria Vivacom because of a questionable purchase scheme.
How one of the largest Russian jewelry chains and its owners are being bankrupted.
Subsidiares of the state banks of Russia cannot hope for any development.
The family of General Director of FosAgro Andrey Guriev, which owns 50.28% of the company, will reduce its share by offering 5% on stock exchanges in London and Moscow. The shares will be bought by a consortium of international investors led by the Russian Direct Investment Fund, including six of sovereign wealth funds from Asia and the Middle East.
Why VTB declined to publish its ranking and report the salary of its head Andrey Kostin.
This year, the group intends to earn 100 billion rubles, and 200 billion rubles in 2019.
State Bank resumed negotiations with Zapsibcombank, after assessing its price last spring.
The bank issued a loan of 692 billion rubles for the purchase of 19.5% stake in the oil company.
After 12 years, FC Dynamo returns from VTB to the Dynamo society.
The head of OJSC "Company Ust-Luga" has been arrested.
Russian football has never been commercially successful, but by the end of 2016 even those who had previously been willing to invest in the sport for free, have run out of money.
Joint venture of the bank and businessman Ibrahim Palankoev filed an application for participation in the auction for the sale of the license for the deposit Sukhoy Log.
It became known that the company Russian Platinum owned by businessman Musa Bazhaev will sell 20 percent of its stake in the projects on development of deposits on the Taimyr Peninsula to VTB.