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July 01, 2015 1:03 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 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

VTB24 Bank approves dividend for the year of 2014

VTB24 Bank announced at the AGM held on May 20, 2015, it has approved a dividend of RUB 0.283 per common stock for 2014, with record date as on June 9, 2015.

VTB24 Bank Approves Revised Charter

VTB24 Bank announced at the AGM held on May 20, 2015, it has approved revised charter.

Bank VTB 24 Announces Job Cuts

OAO VTB Bank retail unit Bank VTB 24 plans to reduce the number of jobs by 7% in 2015. The staff reduction is attributable to a decrease in demand for banking products, a problem faced by all Russian banks in 2015.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 26, 2015
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