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VTB Bank
The Bank for Foreign Trade (Vneshtorgbank) was established in October 1990 with governmental support to encourage foreign economic transactions of Russian enterprises. It appeared in response to the country’s growing needs for banking institutions capable of satiating the economy with modern financial services.
After the Group-wide rebranding in 2006, all VTB’s subsidiaries in Russia and abroad began to operate under VTB brand.
VTB is a leader in the national banking sector. The Bank holds a sustainable competitive position in all segments of the market. The Russian Government is VTB’s major shareholder, with a 85.5% stake.
Over its history, VTB has managed to gain a foothold in the Russian banking market, win international recognition and get the name of one of the country’s most reliable banks with sound financial standing.


