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March 27, 2015 8:55 AM ET


Company Overview of CJSC VTB Bank (Belarus)

Company Overview

CJSC VTB Bank (Belarus) provides banking products and services to individual and corporate customers. Its retail products and services include household deposits, consumer loans, and card products; and treasury services comprise interbank market, securities trading, and currency exchange services. The company also provides liquidity management, trade and structural financing, custodianship, and investment products to financial institutions, as well as international settlements. As of January 1, 2013, it operated 6 regional departments, 23 additional offices, 9 operations cash desks out of teller network, and 116 credit and cash offices located in the Brest, Gomel. Grodno, Mozyr, Mogilev, and...

14, Moskovskaya Street

Minsk,  220007


Founded in 1996


375 17 309 15 15


375 17 309 15 30

Key Executives for CJSC VTB Bank (Belarus)

President, Chairman of Management Board, Member of Supervisory Council and Member of Strategy & Corporate Governance Committee
Age: 58
Director of The Financial Department and Member of The Management
Chief Accountant
Vice Chairman of The Management
Vice Chairman of the Management
Compensation as of Fiscal Year 2014.

CJSC VTB Bank (Belarus) Key Developments

Belarus To Sell Stake In VTB Bank

Belarus intends to sell 25.9% stake in CJSC VTB Bank (Belarus) to JSC VTB Bank (LSE:VTBR) by the end of 2013, according to Belta, citing Belarus’ National Bank Head, Nadezhda Yermakova, RIA Novosti reported. Yermakova said, "The head of the state has granted permission."

Belarus Plans To Sell Its Stake In VTB Bank To OAO VTB Bank

Belarus is planning to sell its 28.6% stake in CJSC VTB Bank (Belarus) to JSC VTB Bank (LSE:VTBR) for approximately $16 million, BelTA reported June 20, 2013 citing Belarusian Deputy Prime Minister Piotr Prokopovich. The deputy prime minister reportedly said that the deal could be finalized soon, adding that the transaction is not about maximizing profit from the sale of the stake but "about the obligations of the investor to invest significant resources in the development of the bank."

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