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.
Banks want to pick up the carrier for the project of a regional airline. Utair has heavy debts, and Sberbank is its largest creditor.
Russian banks are holding abroad 182 billion dollars in the form of claims to foreign residents, RBC calculated on the basis of data from the Central Bank. Despite the crackdown in Cyprus, which affected Russian capital, a fifth of this money is there.
VTB corrected reporting on the distribution of debts among borrowers from different countries. The debt assigned to the Central African Republic has been transferred to Cyprus. The debt of its residents to VTB exceeded 1 trillion rubles.
The National Bank of Ukraine introduced a temporary administration in the Ukrainian subsidiary of VTB.
The “breakthrough” of Putin’s business into the open world turned out to be an interlude, as a result of which the state-owned VTB Bank acquired shares of the toxic Sechin Rosneft.
According to FT, according to FT, they demand not to invite fallen under sanctions of the Russians.
The State Bank, being the largest creditor of the Russian billionaire, is in no hurry to seek justice in the homeland, and this has quite understandable reasons.
Magnit signed an agreement to purchase an unnecessary retail network of a drug distributor from its shareholder for 5.7 billion rubles.
Experts have calculated how much the state bank cost 85% of the stake in Vozrozhdenie, bought from the burnt out bankster Dmitry Ananyev.
Mice cried, pricked, but continued to eat the cactus: the "daughters" of Sberbank and VTB are increasing losses in Ukraine.
Russian millionaires hold less than a third of their financial assets in banks in the country — $ 140 billion versus $ 315 billion abroad. Sanctions threats do not lead to the repatriation of funds, but contribute to the creation of reserves abroad.
The redistribution of the business empire of the sidelists of the Magomedov brothers continues. VTB intends to crush the United Grain Company (OZK). The Summa group has already allowed informational drain.
A blocking stake in TransContainer will be divided between VTB and a private investor.
Sberbank and VTB will create an airline for regional transportation.
Andrei Kostin’s Bank proceeded to takeover of regional Russian banks.
Glamor TV presenter, who is the mistress of the state banker number 2 in the Russian Federation, became the owner of the award "TEFI".
VTB can finance the railway megaproject.
The Ukrainian regulator urged the bailiffs at the suit of Igor Kolomoisky’s structures not to arrest the assets of Russian banks in Ukraine, but to give them the opportunity to fulfill their obligations to depositors in order to kick them in the ass.
After one or two weeks, Prime Minister Dmitry Medvedev will approve the plan of the head of VTB Andrei Kostin to de-dollarize the Russian economy.
Rosatom has signed memorandums of intent with VTB and Sberbank. To build three icebreakers of the "Leader" type, no less than 300 billion rubles will be required, and experts doubt their expediency.
In the financial institutions, a battle began between the alliance of Igor Sechin and Andrei Kostin with German Gref and Elvira Nabiullina. Kostin already made the first move and could become the first victim in this war.
The Moscow Arbitration Court lifted the arrest from 36.31% of the shares of the financial institution.
VTB concluded an advertising contract with its daughter company UK "Dynamo" for 4 years at 2.4 billion rubles. For the Russian market this is a record amount. "Daughter" VTB is a developer of new sports facilities worth $ 1.5 billion.
The Warsaw Court of Appeal authorized the extradition of Andrei Chernyakov to the Russian Federation. The final decision remains with the Ministry of Justice of Poland.
The creditors of the brothers-bankers have already twice frozen their assets in the UK this summer.
UC Rusal ceased to sponsor the Sochi stage of the Formula 1 race: the company clearly does not have enough money.
VTB does not manage to proceed with the purchase of Vozrozhdenie Bank. The High Court of London again arrested the bank's shares on the suit of the creditors of its owners, the Ananiev brothers.
VTB reached an agreement in principle with Bonum Capital on the key terms of the acquisition of Bank Vozrozhdenie.