Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

February 08, 2016 2:58 PM ET


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



7 495 777 2424


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 Chairman of the Management Board, Deputy President and Member of Supervisory Board
Compensation as of Fiscal Year 2015.

Bank VTB 24 Key Developments

Russian Post and VTB24 to Establish New Retail Bank - Post Bank; Appoints Dmitry Rudenko as Head of the Post Bank; Plans to Open New Outlets in 2016

Russian Post and VTB24 have signed documents agreeing to the establishment of a new retail bank, Post Bank. The signing ceremony was attended by Russian Post Director General Dmitry Strashnov and VTB24 President and Chairman of the Board, Mikhail Zadornov. Post Bank has been established using the framework of Leto Bank, a VTB24 subsidiary. The first Post Bank offices will open in the first quarter of 2016. The new bank will be headed by former President and Board Chairman of Leto Bank Dmitry Rudenko. The Supervisory Board of Post Bank will be comprised of representatives from Russian Post, VTB Group and the Ministry of Communications and Mass Media. Within three years, the new bank is planned to have over 20,000 outlets at 15,000 Russian Post offices. Of these, at least 6,500 outlets will open at 3,500 post offices in 2016.

OTP Bank and VTB24 Put Up RUB 50 Billion Bad Debts For Sale

According to the participants of the debt collection market, OTP Bank Plc. (BUSE:OTP) and Bank VTB 24 have announced tenders for more than RUB 50 billion of bad debts. OTP Bank intends to sell about RUB 30 billion of non-performing loans and VTB 24 about RUB 21 billion.

VTB 24 to Downsize Personnel

VTB 24 announced that the company will downsize personnel by 11%, or 4,000 people, as of year-end 2015. The decision was partly influenced by customers migrating to digital channels. In nine months of 2015, the number of VTB 24's Internet bank users increased to 3.1 million people. The company announced that about 57 offices get shut down yearly on average. Currently VTB 24 has 1,062 offices.

Similar Private Companies By Industry

Company Name Region
Eurosib Bank Europe
NOTA-Bank (Open Joint-Stock Company) Europe
Europlan Group Europe
Commercial Export-Import Bank Joint Stock Company Europe
Energomashbank Europe

Recent Private Companies Transactions

January 25, 2016
Leto Bank OJSC
Private Placement
May 26, 2015

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bank VTB 24, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at