May 25, 2016 5:38 AM ET

Banks

Company Overview of Bank VTB 24

Company Overview

Bank VTB 24 Public Joint-Stock Company provides various banking products and services to individuals, entrepreneurs, and small businesses in the Russian Federation. It offers time deposits, savings account, and unallocated metal accounts; cash loans, credit cards, mortgages, auto loans, revolving loans, investment credit, loans for collateral, overdrafts and credit targets, and letters of credit; and various insurance programs. The company also provides safety deposit box, broking and FOREX, transfers and payments, currency exchange and cheque, remote account management, settlement and cash, FEA and currency control, and online banking services. It operates through a network of 1062 branch o...

d. 35, Myasnitskaya Street

Moscow,  101000

Russia

Phone:

7 495 777 2424

Fax:

7 495 980 4666

Key Executives for Bank VTB 24

Chairman of the Management Board, Vice President and Director of Marketing & Public Relations
Age: 53
Director of Operations and Member of the Management Board
Age: 55
Chairman of the Supervisory Board and Chief Executive Officer of VTB Bank
Age: 59
Chairman of the Management Board, Deputy President and Head of The Department of Networks
Age: 46
Deputy President, Senior Vice President, Mortgage Lending Department Director and Member of the Management Board
Age: 46
Compensation as of Fiscal Year 2015.

Bank VTB 24 Key Developments

VTB 24 Announces Earnings Results for the First Quarter of 2016

VTB 24 announced earnings results for the first quarter of 2016. The company generated net profit of RUB 3.3 billion in the first quarter of 2016. The financial result was driven by a 50% surge in net interest income amid the recovery of the credit portfolio and an increase in commission income.

Bank VTB 24 Presents at Credit Suisse 2016 Moscow Exchange Forum, Apr-12-2016 11:15 AM

Bank VTB 24 Presents at Credit Suisse 2016 Moscow Exchange Forum, Apr-12-2016 11:15 AM. Venue: The Ritz Carlton, Moscow, Tverskaya Street 3, Moscow 125009, Russia. Speakers: Mikhail Mikhailovich Zadornov, Chairman of the Management Board and Member of the Supervisory Board.

VTB24 Talks To Buy Zapsibkombank

Bank VTB 24 is in talks to buy Joint Stock West Siberian Commercial Bank OJSC with assets of RUB 106.7 billion. The price being discussed is about RUB 12 billion- RUB 13 billion.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 17, 2016
--
Merger/Acquisition
January 25, 2016
Leto Bank OJSC
 

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