Interest Rates

VTB Interest Rate Policy Principles

Alongside the Bank's fee policy, its interest rate policy is part of VTB Pricing Policy and is aimed at ensuring:

• a sustained profitability level of the Bank's products bearing interest income and expenditures;
• an efficient management of the Bank's raised funds and proprietary resources;
• an ongoing development of the Bank's business.

VTB Interest Rate Policy calls for applying standard rates for fundraising and basic (minimal) rates for lending, as well as individual rates on a case-by-case basis taking into consideration risk factors and additional profit gained from providing such customers with other services of the Bank.

Credit Rates to Corporate Customers

Basis credit rates for corporate customers are set in three currencies, namely: rubles, US Dollars and euros, and depend on fund deposit period and a borrower category. As to credits in a foreign currency maturing in 181 – 365 days, both fixed and floating (pegged to LIBOR forward rates) interest rates are applied. For foreign currency credits with a period of more than 365 days, only floating interest rates are applied.