VTB Bank (VTBR)

About

VTB Bank OAO (VTB Bank OJSC) is a Russia-based company, which is engaged in commercial banking sector. The Company’s services include deposit taking and commercial lending, support of clients’ export/import transactions, foreign exchange, securities trading, and trading in derivative instruments. The Company offers services to its retail and corporate customers in the Commonwealth of Independent States (CIS) countries, Europe, Asia and Africa. The Company operates on the territory of the Russian Federation and in over 2 countries, through the network of numerous banks and financial companies. In March 213, the Company sold its whole stake of 19% in Energokompleks OAO and acquired a 1% stake of Tele2 Russia. On November 1, 213, the Company completed merger of TransKreditBank OAO into VTB24. On April 24, 214, the Company sold its stake of 16.48% in Gruppa Kompaniy PIK OAO.