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Vtb Bank Group

In: Business and Management

Submitted By olegsegal
Words 1450
Pages 6
VTB Bank (Russian: ОАО Банк ВТБ, 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 VTB24, Bank of Moscow, and TransCreditBank. Type | Public company | Traded as | MCX: VTBR
LSE: VTBR | Industry | Banking, Financial services | Founded | 1990 | Headquarters | Federation Tower West , 12, Presnenskaya emb., Moscow, Russia | Area served | Russia, CIS, Europe, Asia, Africa, U.S. | Key people | Andrey L. Kostin
(President and Chairman of the Management Board)Sergey K. Dubinin
(Chairman of the Supervisory Council) | Products | Financial Services | Revenue | RUB 525.1 billion (30 September 2012 IFRS Results)[1] | Net income | RUB 60.2 billion (30 September 2012 IFRS Results)[1] | Total assets | RUB 7 184.7 billion (30 September 2012 IFRS Results)[1] | Total equity | RUB 672.2 billion (30 September 2012 IFRS Results)[1] | Owner(s) | The Russian Federation state (75.5% shares) | Employees | 76 528 (30 September 2012 IFRS Results)[1] | Divisions | VTB Capital | Subsidiaries | Bank of Moscow |

Chairman of the Management Board
Valery M. Telegin (1990–1993)
Yuri V. Poletayev (1993–1996)
Dmitry V. Tulin (1996–1999)
Yuri V. Ponomaryov (1999–2002)
Andrey L. Kostin (from 2002)
Shareholders
The main shareholder of VTB is the Russian Government, which owns 75.5% of the lender through its Federal Agency for State Property Management. The remaining shares are split between holders of its Global Depository Receipts and minority shareholders, both individuals and companies.
In February 2011, the Government floated an additional 10% minus two shares of VTB Bank. The private investors, who paid a

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