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March 30, 2015 9:04 PM ET

Banks

Company Overview of Bank VTB 24

Company Overview

Bank VTB 24 provides banking products and services to individuals, entrepreneurs, and small businesses in the Russian Federation. Its services include the issuance of bank cards, mortgage and consumer loans, auto loans, business loans, remote account management systems, credit and debit cards, time deposits and savings, safe deposit boxes leasing, and money transfers services, as well as settlement and cash services, investment services, and documentary services. The company is based in Moscow, the Russian Federation. Bank VTB 24 operates as a subsidiary of JSC VTB Bank.

35, Ul. Myasnitskaya

Moscow,  101000

Russia

Phone:

7 495 777 2424

Fax:

7 495 980 4666

Key Executives for Bank VTB 24

Chairman, Chief Executive Officer, President and Member of Management Board
Age: 51
Director of Operations and Member of the Management Board
Age: 54
Member of Supervisory Board
Age: 58
Senior Vice President, Director of Retail Business Department and Member of the Management Board
Age: 39
Deputy President and Member of Management Board
Age: 52
Compensation as of Fiscal Year 2014.

Bank VTB 24 Key Developments

VTB 24 Intends to Reduce Workforce in 2015

VTB 24 intends to reduce its workforce by between 5% and 7% in 2015. The decision to trim the number of employees is linked to a reduction in lending of between 30% and 40%.

VTB24 Bank Announces Earnings Results for the Year 2014

VTB24 Bank announced earnings results for the year 2014. For the year, net profit to Russian Accounting Standards before events following the reporting date 50% last year to RUB 31.5 billion.

Bank VTB 24 Presents at FICO World 2014 Conference, Nov-11-2014

Bank VTB 24 Presents at FICO World 2014 Conference, Nov-11-2014 . Venue: San Diego, California, United States. Speakers: Oxana Staroselskaya, Head of Credit Risk Methodology.

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