VTB
|
|
|---|---|
| Group information | |
| Surname | OJSC VTB Bank |
| Headquarters | Moscow |
| Corporate form | Corporation |
| ISIN | RU000A0JP5V6 |
| founding | October 12, 1990 in Moscow |
| Operational seat | Moscow |
| CEO | Andrei Leonidowitsch Kostin |
| Chairman of the Supervisory Board | Sergei Konstantinowitsch Dubinin |
| Balance sheet total (group) | $ 125.8 billion (2008) |
| Employee | 40,447 (January 1, 2010) |
| Contact information | |
| Address at the company's registered office | 29, B. Morskaya Str,
St. Petersburg, 190000 |
| Operational address | Vorontsovskaya Str., 43,
Moscow, 109044 |
| phone | ++ 7-8-800-200-7799 |
| fax | ++ 7-7-495-258-4781 |
| telex | 412362 BFTR RU |
| info@vtb.ru | |
| website | www.vtb.ru |
The VTB earlier than Vneschtorgbank known ( Russian ВТБ or Внешторгбанк to German: Foreign Trade Bank ), is - after Sberbank - the second largest Russian bank , located about 60.9% owned by the state of the Russian Federation . The company is represented in the RTS Index and is headquartered in Saint Petersburg , but operates from Moscow and operates as a universal bank. Important representative offices are in Paris , Frankfurt am Main and Vienna .
history
In 1990 the bank was founded as a private stock corporation, majority owned by the state. The bank has been integrated into the public sector since 1998 and operates de facto as a state foreign trade and participation bank. Since August 2005, the bank has established a tight branch network for consumers in Russia through takeovers.
It developed into a major bank through takeovers and the will of the Russian government to have a foreign trade and industry financing instrument. With the takeover of Guta-Bank , it developed into a major consumer bank under the name Vneschtorgbank 24 . Since October 24, 2006 the bank has officially been called "VTB", the private customer business is carried out under the name "VTB24" ( Russian "ВТБ24" ), the investment area under VTB Capital .
From 2006 to 2008, the bank was the international shirt sponsor of the UEFA Champions League participant CSKA Moscow . The bank has been supporting the football club Dynamo Moscow since 2009 . From November 16, 2012, VTB Direktbank exclusively presented the "Löwen-Live-Ticker" of the Frankfurt ice hockey club; for the 2015/16 season, the club names VTB in second place among its main sponsors
In 2017, VTB repaid half of a $ 600 million loan to Deutsche Bank , which wanted to part with the loan.
On August 9, 2017, the bank announced the completion of the restructuring of its European business. The European business was brought together under the umbrella of an SE . The former branches in Germany and Austria are located there, the French office was closed in the course of the restructuring. The European headquarters were relocated from Vienna to Frankfurt am Main .
Ownership structure
VTB is owned by the Russian state with 60.9% of the shares; other institutional investors are, partly through sovereign wealth funds , the central bank of Norway , Norges Bank , Qatar Holding , an investment division of the sovereign wealth fund Qatar Investment Authority (QIA) of the Emirates Qatar , the State Oil Fund of Azerbaijan , the Sberbank Asset management , the Onexim Group of Mikhail Prokhorov , the US asset manager the Vanguard Group and BlackRock Fund Advisors u. a. (Status: end of 2014).
Board
- Andrei L. Kostin - Chairman of the Board (appointed directly by decree of the President of Russia); has completed a diplomatic career (including ambassador to Great Britain)
- Yuri A. Soloviev - first deputy chairman
- Vasily N. Titov - first deputy chairman
Other deputy chairmen:
- Herbert Moss, Andrey S. Puchkov
Other members of the board:
- Denis A. Bortnikov, Victoria G. Vanurina, Olga K. Dergunova, Valery V. Lukyanenko, Erkin R. Norow, Ekaterina V. Petelina
Supervisory board
The Supervisory Board is composed as follows:
- Sergey Dubinin (Chairman of the Supervisory Board), Simeon Djankow , Matthias Warnig , Yves-Thibault de Silguy , Andrey L. Kostin, Mikhail Kopeikin, Nikolay M. Kropachev, Shahmar Movsumov, Alexey Moiseev, Elena Popova, Vladimir Chistyukhin. (Status: end of 2014)
Sales-earnings development
Sales increased from US $ 17.8 billion in 2004 to US $ 36.7 billion (2005). Net income increased from US $ 208 million (2004) to US $ 511 million (2005). The interim report for the first quarter of 2006 (published August 2006) already shows a profit of US $ 334 million. The rating agencies Moody's, Standard & Poor's (S&P) and Fitch gave VTB the highest rating of all Russian financial institutions.
Western sanctions
As a state-controlled bank, VTB is subject to western sanctions against the Ukraine crisis in 2014 and therefore has hardly any capital. For the third quarter of 2014, VTB had to announce another slump in profits. The profit collapsed by 98 percent, so that the Russian government had to support the bank from the national bank rescue fund at the end of December 2014 with 1.4 billion euros.
Holdings
- 96.41% Bank of Moscow
- 92% VTB Retail Services, formerly Guta Bank , brand name: Vneschtorgbank 24 , (incl. Leto Bank)
- 75% + 3 shares in Industry & Construction Bank (ICB), St. Petersburg
- 89% Moscow People's Bank (MNB), London & Singapore
- 100% VTB Bank (Austria) AG in Vienna, Austria, formerly Donau Bank AG, with a branch in Frankfurt am Main (VTB Direktbank) and the subsidiary VTB Bank (Deutschland) AG (until September 30, 2006: Ost-West Handelsbank [OWH ]), Frankfurt am Main, and VTB Bank (France) SA, formerly BCEN-Eurobank , Paris, France
- 100% Russian Commercial Bank Ltd in Limassol , Cyprus
- 100% Russian Kommerzial Bank AG, Zurich
- 51% East-West United Bank (EWUB), (49% direct and 2% via BCEN-Eurobank), Luxembourg
- 96.31% VTB Bank Georgia (formerly United Georgian Bank), Tbilisi, Georgia
- 99.97% VTB Bank (Ukraine)
- 71.4 2% VTB Bank (Belarus)
- 51% VTB Bank (Azerbaijan)
- 100% VTB Bank (Armenia, once Armsavingsbank)
- 100% VTB Bank (Kazakhstan)
- 98% Mriya, Kiev
- 50.1% Banco VTB Africa SA, Luanda , Angola
Branches and representative offices
For its foreign trade business, the bank is represented in London, Paris, Zurich, Limassol (Cyprus), Vienna, Frankfurt am Main, Luxembourg, Kiev (Ukraine), Tbilisi (Georgia) and Yerevan (Armenia), Milan (Italy), Beijing (China) ), Delhi (India) and Minsk (Belarus). The agency in Luanda (Angola) was recently opened. A representation in South Africa is to be opened shortly.
For the small customer business , the bank set up the subsidiary VTB 24 on the basis of Gutabank acquired in 2005 . It is represented with over 600 branches in 71 of the 83 federal subjects of Russia (as of November 2011) and in this market segment ranks second after Sberbank in terms of the number of account operations . The bank is also active in Azerbaijan, Georgia, Kazakhstan, Ukraine and Belarus.
In Germany there is a VTB online bank based in Frankfurt am Main. It is a subsidiary of VTB Bank (Österreich) AG and offers overnight money, fixed-term deposits and a mixture of both.
Special activities
In July 2006, the bank took over the leasing of 600 new Mercedes buses for the Moscow municipal transport company MosTransAwto . In August 2006 where? announced that the bank is to carry out the leasing financing of up to 16 Airbus 320-200 aircraft for Russian airlines (see also Pulkovo Airlines ).
At the same time, the bank attracted worldwide interest by acquiring 5.02% of the shares in the Airbus parent company European Aeronautic Defense and Space Company ( EADS ), now the Airbus Group . The share package cost around 781 million euros, reported the Moscow business newspaper Vedomosti . When did the world report ? that Russia is considering taking over the blocking minority at EADS in the longer term. Sergei Prichodko , a senior adviser to President Putin , said that if one day common interests with EADS were established, the Russian side would insist on higher participation. The price of the EADS share rose according to the statements and was quoted during trading on the Paris stock exchange at 23.55 euros - an increase of almost five percent. The Wneschtorgbank used the price fall that the EADS papers had suffered in recent months because of the internal dispute and the problems with the construction of the giant A380 aircraft . On November 6, 2006, Die Welt reported that the share should now have been increased to around 7% ? publication required? . On December 27, 2007, VTB announced that it had sold its stake in EADS to the state-owned Wneschekonombank .
In the course of the investigation against Trump, there were reports of suspected money laundering .
Web links
- Internet presence of the bank with a detailed biography of the management and current annual reports (English)
- Website of the German direct bank (German)
Individual evidence
- ↑ Annual report 2008 ( Memento of the original from February 1, 2012 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. ( English ; PDF; 3.6 MB)
- ↑ Cheer along: VTB Direktbank exclusively presents the Löwen live ticker on the Löwen homepage (accessed on November 29, 2015).
- ↑ Sponsors ( Memento of the original from December 7th, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Subpage on the Löwen homepage (accessed November 29, 2015).
- ↑ https://www.wsj.com/articles/deutsche-bank-in-late-2016-raced-to-shed-loan-it-made-to-russian-bank-vtb-11549147289
- ↑ VTB Group completes restructuring of its European operations. VTB Bank (Europe) SE, January 9, 2018, accessed on January 20, 2018 (English).
- ↑ VTB Annual Report 2013 from June 19, 2014 ( Memento of the original from September 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 7 MB (accessed January 1, 2015).
- ↑ Markets Data VTB Bank OAO on Financial Times (accessed January 1, 2014).
- ↑ VTB Supervisory Board (accessed on January 1, 2015).
- ↑ Sanctions affect second largest Russian bank Handelsblatt, November 20, 2014.
- ↑ Economic crisis: Russia helps second largest bank with billions Spiegel Online from December 30, 2014.
- ↑ The Russian crisis reaches the German savers Die Welt of December 30, 2014.
- ↑ BoM, About Us ( Memento of the original from July 23, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (accessed January 1, 2015).
- ↑ VTB buys Bank of Moscow. Billion dollar bank takeover in Russia Handelsblatt on February 22, 2011.
- ↑ VTB Bank (Austria) AG: Marke (accessed June 14, 2015).
- ↑ Branch network in Russia ( Memento of the original from November 15, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. (Russian)
- ↑ https://www.newsweek.com/2017/12/29/donald-trump-russia-secret-deutsche-bank-753780.html
