About VTB Bank (public joint-stock company)
VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in the Russian Federation, OECD, and internationally. The company provides financial services, consists of approximately 20 credit institutions and financial companies operating across all key areas of the financial markets. It offers retail and corporate banking services. The company operates a large international network across CIS countries; Armenia, Ukraine, Belarus, Kazakhstan and Azerbaijan. The company also has banks in Austria, Germany and France which are part of a European sub-holding with VTB Bank (Austria) acting as the parent bank for Germany and France. It also has subsidiary and affiliated banks in the United Kingdom, Cyprus, Serbia, Georgia and Angola and branches in China and India and VTB Capital has branches in Singapore and Dubai. The company’s services to large corporate customers are based on industry specialization. The company offers products and services for transaction management, corporate liquidity management and trade finance. It offers trade and export finance products and services to support export and import activities. The company provides corporate lending services that fully meet clients’ needs for borrowing to fund their operations and investments. The company offers loan products for small and medium-sized businesses, such as structured financing, investment financing, investment portfolio refinancing, and buying into share capital. It also offers consultancy services on debt and equity financing, and on securing direct funding from institutional investors and foreign and Russian banks. It promotes the development of regional companies by providing long-term project financing. The company’s lending activities include credit operations through remote banking system; short-, medium- and long-term loans; overdraft loan; credit lines; insuring pledged assets; loans to the mining industry; loans against letters of credit; and complex loan products and consultancy services. It provides a range of depositary and related services for all types of securities. It offers cashless foreign exchange transaction services. The company is carrying out commissions of the Russian Government regarding the export and sale of gold from the Federal Precious Metal and Gem Foundation in the international market; carrying out commissions of customers from Russian subsoil users and banks to export and/or sell proprietary gold in the international market, including customer acquisition; drafting terms and conditions with regard to services for a commission and standard commission agreement texts; providing purchase/sale quotations for precious metals to customers; and entering into agreements with foreign gold buyers, including industrial end consumers. The company is making agreements for information servicing of Russian subsoil users and companies that reprocess secondary materials containing precious metals, etc.; preparing daily and weekly reports on precious metal prices in the domestic and international markets; and providing information on precious metal transactions to other divisions of VTB. The company is supporting residential and commercial real estate development. The company offers clients the following instruments to hedge against currency and interest rate risks: currency forward contracts, interest rate forward contracts, currency, interest rate and currency/rate swaps, and interest rate options. The company conducts securities purchase/sell deals, as well as derivatives deals with securities and stock market indexes used as underlying assets: forwards on equities, depository receipts and stock market indexes; bond Options; and options on equities, depository receipts and stock market indexes. It arranges deals with various types of credit derivatives. The company offers its clients options for loan financing optimization by embedding derivatives into the loan structure. It offers the following instruments on the commodities market: precious metals spot trading; precious metals commodity forwards; commodity options; and commodity swaps. The company offers fixed term deposits ; private banking products ; direct banking ; banking products services; real estate acquisition; VTB corporate Mastercard; electronic banking; time deposits; money transfers; credit cards; cash and settlements; documentary operations; insurance; deposits; cash management products and services; international payment cards; auto lending; leasing; and mortgage loans. History VTB Bank (public joint-stock company) was founded in 1990.