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.
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How one of the largest Russian jewelry chains and its owners are being bankrupted.
Subsidiares of the state banks of Russia cannot hope for any development.
The family of General Director of FosAgro Andrey Guriev, which owns 50.28% of the company, will reduce its share by offering 5% on stock exchanges in London and Moscow. The shares will be bought by a consortium of international investors led by the Russian Direct Investment Fund, including six of sovereign wealth funds from Asia and the Middle East.
Why VTB declined to publish its ranking and report the salary of its head Andrey Kostin.
This year, the group intends to earn 100 billion rubles, and 200 billion rubles in 2019.
State Bank resumed negotiations with Zapsibcombank, after assessing its price last spring.
The bank issued a loan of 692 billion rubles for the purchase of 19.5% stake in the oil company.
After 12 years, FC Dynamo returns from VTB to the Dynamo society.
Russian football has never been commercially successful, but by the end of 2016 even those who had previously been willing to invest in the sport for free, have run out of money.
Joint venture of the bank and businessman Ibrahim Palankoev filed an application for participation in the auction for the sale of the license for the deposit Sukhoy Log.
It became known that the company Russian Platinum owned by businessman Musa Bazhaev will sell 20 percent of its stake in the projects on development of deposits on the Taimyr Peninsula to VTB.
The state bank is ready to buy the Russian Platinum's share in the steel project on the Taimyr Peninsula.
BM Bank has been put up for sale.
The contract with the cinema chain was terminated shortly after it filed a lawsuit against Afimall, demanding to reduce rents.
LUKOIL handed the diamond mining over to friendly investors.
Kostin and Ulyukayev are involved in the machinations with the money of VTB.
Reasons behind the criminal case related to the Economic Development Minister Alexey Ulyukayev, who was put under the house arrest by the decision of the Basmanny Court of Moscow on November 15, may have some additional explanations. First of all, due to the scandals associated with VTB state bank, where Ulyukayev heads the supervisory board.
Mechel has a debt of 445 billion rubles, but still pays record sums to its own management.
Due to its top management, Russia's largest airline can go broke.
The case of the ex-owner of Cosmos, Andrey Chernyakov, can serve as an example how to make the Russian fugitives bankrupt.
Why the head of VTB Andrey Kostin creates a unit to trade in commodities.
Why VTB leaves London and what happened to the two billion euros of the Central Bank of Syria.
State Bank suffered for dirty operations of a Canadian bank and paid a fine of $5 million.
The oligarch Telman Ismailov squandered hundreds of millions of dollars, and is now entangled with giant debts.
Summa Group owned by a controversial businessman Ziyavudin Magomedov is offered to sell assets to pay off its debts.
Businessman Dmitry Kosarev (owner of Empreno Ventures Limited) has sent an appeal to the Prime Minister and the Chairman of United Russia party, Dmitry Medvedev, with a request to pay attention to the questionable operations of VTB Bank Management, which may put the Russian state in danger of losses worth over 1 billion euros.