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.
Andrei Kostin's bank was dissatisfied with the transfer of Amaznoye Arkhangelskgeoldobycha to the repayment of debts "The Holding's opening" in 335 billion rubles. In this case, the fate of VTB's loan of 1.45 billion dollars "is sagging" to the beneficiary of the holding Vadim Belyaev. With this money he bought the company from LUKoil.
The former owner of the Doninvest Group and Taganrog Automobile Plant is being pursued by Sberbank, Gazprombank and VTB. He managed to owe them 19 billion rubles.
The Russian deal broke down due to the arrest of the share of the Ananiev brothers in Bank Vozrozhdenie.
The head of VTB Bank seriously suggests to make the ruble a currency for international settlements. Most likely, it is a banal ban on foreign currencies for Russians.
The main managing director of the largest private bank will be deputy head of retail business of VTB Vladimir Verkhoshinsky. Experts predict the absorption of Alfa Bank by VTB.
State Bank intends to bankrupt "Crystal-Lefortovo".
Vladimir Putin instructed to create a scheme for transferring defense credits to Promsvyazbank (PSB). Loan repayment will occur at a discount and will be accompanied by a transfer of capital. At the same time, the PSB will not be the only authorized bank for the state defense order.
Russian state-owned banks will receive almost half of Croatia's largest retailer. Agrokor's debt is settled on the eve of the quarterfinals of the Russian-Croatian World Cup. There are very few doubts in its outcome.
VTB has decided to sell its subsidiary bank in Serbia VTB Banka ad Beograd. Apparently, to sell for serious money going through bad financial organization, it will not be possible.
The subsidiary structure of Sberbank - NRC Aktiv, deliberately bankrupted the Tver enterprise.
After leaving the government of the Russian Federation, Igor Shuvalov, a lobbyist for allowing retail chains to sell over-the-counter drugs, his successor Tatyana Golikova withdrew this project from the Cabinet's agenda. That's why the project of Sergei Chemezov and his partner Alexander Vinokurov was torpedoed.
The popularity of Western courts among Russian billionaires has not declined, despite attempts to make domestic legislation and the judicial system more attractive for resolving major disputes.
The deal will combine the competencies of the participants.
Online trading in Russia in five years, lost half of the largest players and slowed down the pace of growth. Sberbank, VTB and Gazprombank offered to give it a new impetus.
Prosperity Capital Management called the acquisition of Magnitom pharmaceutical "SIA Group" from the structures of Alexander Vinokourov a risky and unnecessary transaction.
Previously, the Bonum fund, which is associated with Suleiman Kerimov, was called the most likely buyer of the bank "Vozrozhdenie", but what its role in the current deal is unclear.
The general director of "Magnit" Khachatur Pombuchkhan could not explain clearly why the retailer should buy shares of the pharmaceutical "SIA Group". To speak directly about the fact that the new shareholders of the network will use it to pump out finances from it, he could not by the post.
The son-in-law of Foreign Minister Sergey Lavrov, who bought a stake in Magnit from VTB for VTB's money, imposes a grocery network of an unnecessary pharmacy retailer.
The owner of the Urban Group, Alexander Dolgin, is ready to sell the company for 1 ruble in exchange for a lack of claims and 16 billion rubles of investment in projects. Possible partners are VTB and Promsvyazbank, he asserts. However, those of their participation deny.
"Chelyabenergosbyt" bankrupt the city-forming enterprise for multi-million debts, but it still will not receive any money. The mine management is fully mortgaged on loans to VTB Bank.
Developer-Professor Alexander Dolgin could not stand the severe test of the crisis in the Moscow real estate market.
VTB took shares of the En + Group group on the pledge of the Chinese CEFC.
Member of the Board of VTB Bank Vladimir Verkhoshinsky in an interview with Fontanka on the sidelines of SPIEF-2018 predicted a further reduction in the cost of credits and a decrease in the share of plastic cards in Russia in 5 years.
VTB Group sold 11.82% of Magnit's shares to Marathon Group, the son-in-law of Foreign Minister Sergei Lavrov, Alexander Vinokurov. As a result, VTB's share decreased to 17.28%. The amount of the transaction was at least 60 billion rubles.
VTB "renewed interest" in the purchase of Bank Vozrozhdenie, said the head of the state bank Andrei Kostin. The main bidder for the purchase is the Bonum Capital fund, associated with Senator Suleiman Kerimov.
The whole blame is American sanctions: the head of VTB said that he would not give his companies new loans "until the sanctions have been lifted."
The new Minister of Agriculture for 8 years of management Rosselkhozbank has achieved more than modest success against the background of huge budget injections into the bank.
Taking into account the interim dividends for 2017, the shareholders of Magnit will receive 69.5% of last year's profit of the retailer.