July 12, 2014 6:22 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.

35, Ul. Myasnitskaya

Moscow,  101000

Russia

Key Executives for Bank VTB 24

Director of Operations and Member of the Management Board
Age: 54
Member of Supervisory Board
Age: 58
Senior Vice President
Age: 39
Deputy President and Member of Management Board
Age: 52
Compensation as of Fiscal Year 2014.

Bank VTB 24 Key Developments

Industriya Eyes Stake In BetElTrans From Russian Railways

CJSC T-Industriya will acquire 50% stake minus two shares in JSCo BetElTrans from Open Joint Stock Company Russian Railways for RUB 3.1 billion. Bank VTB 24 organized the sale. This occurred after an open tender with starting minimum price was RUB 2.9 billion.

Bank VTB 24, Annual General Meeting, Jun 16, 2014

Bank VTB 24, Annual General Meeting, Jun 16, 2014.

VTB24 Announces Earnings Results for the Fiscal Year 2013

VTB24 announced earnings results for the fiscal year 2013. For the year, the company announced that it had net profit of RUB 36.08 billion to International Financial Reporting Standards (IFRS) in 2013, down 6.8% from 2012. Net interest income before provisions rose to RUB 123.86 billion from RUB 93.71 billion. Pretax profit fell 7.5% to RUB 44.55 billion.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 30, 2014
Dolgovoy Center OOO
Merger/Acquisition
June 30, 2014
"BIZNES FINANS", LLC
Merger/Acquisition
June 30, 2014
OOO Sistema Lizing 24
 

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