VTB Bank (Russian: ОАО Банк ВТБ, former Vneshtorgbank) is one of the leading universal banks of Russia. VTB Bank and its subsidiaries form a leading Russian financial group – VTB Group, offering a wide range of banking services and products in Russia, CIS, Europe, Asia, Africa, and the U.S. The Group’s largest subsidiaries in Russia are VTB24, Bank of Moscow, and TransCreditBank.
VTB Bank was ranked 236th on the FT Global 500 2011, The Financial Times’ annual snapshot of the world's largest companies. It climed to 82nd in the ranking of the 500 largest companies in Europe, the FT Europe 500 2011, and to 38th in the FT Emerging 500 2011, the list of the 500 largest companies on the world’s emerging markets. The Moscow-based bank is registered in St. Petersburg and came 65th in the British magazine The Banker’s Top 1000 World Banks in terms of capital in 2010(Russian) .
Read more about VTB Bank: History, Chairman of The Management Board, Shareholders, Management, Mergers and Acquisitions, Performance Highlights, Social Policy, Major Subsidiaries
Famous quotes containing the word bank:
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)