Short-, Mid- and Long-term Loans

Aspired to establish mutually encouraging cooperation, to upgrade customer servicing and defend its customers' interests, VTB offers its customers a wide range of lending services designed to fully meet their demand for funding both their current and investment activities, including export/import transactions.

VTB prefers to maintain permanent relationship with a borrower in order to provide high-quality and timely services tailored to the borrower's individual needs.
Large corporate customers are assigned with personal managers to provide advisory and consulting services, to facilitate access to VTB lending products, as well as to manage and support lending deals with customers. If necessary, dedicated task forces are set up to ensure the quality and timing of a lending deal in compliance with the customer's request.

Acting through its nation-wide branch network VTB Bank disburses and monitors its credits at a customer's location. Besides, in order to simplify the loan application for customers who have already proved their soundness and trustworthiness, VTB Bank may set considerable credit limits for such customers, thus making lending procedure standardized and short, and extending the range of banking services offered to these customers.

Depending on customer needs, VTB Bank can offer short-term loans maturing within 12 months, mid-term loans maturing from 12 to 24 months, and long-term loans maturing in more than 24 months, both in Russian Rubles and foreign currencies. Maximum amount of a loan (or credit limit) is determined on the basis of a customer's needs, its creditworthiness and legal status, credit history with the Bank, specific details of the project to be financed, etc. To obtain credit facilities, the customer must have an account with VTB and a favorable credit history with the Bank (if the customer has earlier been credited), as well as a positive assessment of the project submitted by such customer.

As a collateral under short-term loans maturing within 12 months the Bank shall accept the following:

• real estate, customer's fixed assets, inventory holdings, ownership rights;
• marketable securities of Russian and foreign issuers;
• guarantees of reliable banks or creditworthy enterprises; or
• debt securities of the Borrower's counterparties and other assets.

The collateral amount should cover the principal amount of the loan, interest payable to the Bank, and other expenses incurred by the Bank when it is forced to sell the collateral.