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 court ruled in favor of the Bank of Moscow, deciding to recover from the banana-theatrical figure $ 140 million.
The former president of Baltika and VTB will buy Gelendzhik's airport from Oleg Deripaska. The deal has nothing to do with sanctions, says Basel Aero.
So far, the sanctions have not affected the business of Russian public companies.
Shares of En + Group on the Moscow Stock Exchange fell by 16%, VTB shares - by 10%. Rusal shares on the Hong Kong stock exchange have lost 50%.
The company Oleg Deripaska because of US sanctions fell on the stock exchange for Friday at 2.5 billion dollars.
The new list includes 26 people and 15 companies. Among them are Oleg Deripaska, Viktor Vekselberg, Suleiman Kerimov, Alexey Miller and Andrei Kostin.
Mortgage debts of Russian citizens to Sberbank in March 2018 exceeded 3 trillion rubles, while in the past year they grew by 500 billion rubles. In total in Russia in 2017, mortgages were issued for 2 trillion rubles.
Oleg Deripaska bought out 2.4% stake in the group.
To save banks working with OPK from a new wave of sanctions pressure, the authorities are considering the possibility of creating a cash management center under the Treasury. According to experts, this will only remove some of the risks.
The head of VTB criticized the Central Bank: the creation of a system of banks, which runs the Central Bank, contradicts the logic.
VTB will replace Sberbank's ATMs in the Moscow Metro with its own.
This can save them from new tough sanctions.
Sberbank and VTB bought out part of the shares of En + holding Oleg Deripaska during the IPO on the London Stock Exchange in early November.
What mistake did Andrei Kostin make by consolidating the business of the former USSR in the London office of VTB Capital.
The list of Andrei Chernyakov's losses sounds directly poetic: a bamboo grove, an olive orchard, a vineyard, and an old (15th century) mansion attached to them.
En + released UC Rusal from its pledge and significantly reduced the debt burden due to its IPO.
In the banks of the VTB group, the structural deficit of rubles is growing, which is covered by injections from the state.
The largest company in Croatia, the food retailer Agrokor, decided not to recognize the claims of its largest creditor, Sberbank, as it sued the company outside of Croatia.
A major leakage of documents from the offshore register company Appleby.
Rostec's unit may be turned into a bank for the defense industry enterprises.
The bankrupt businessman can disappear abroad, leaving his creditors high and dry.
Over the last nine years, the Otkritie Group with the governmental help has become the largest player in the banking market.
His PGIL pledged 51% of Polyus to Sberbank.
The Deposit Insurance Agency is trying to get its hands on the runaway billionaire Sergei Pugachev in the UK. The DIA is trying to prove that the businessman hid the capital in the trusts. Will the oligarch manage to save money, and who had helped him to withdraw it?
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.