VTB Bank and its subsidiaries (VTB Group) form one of the leading Russian financial groups offering a wide range of banking services across Russia, the CIS region, in a number of countries of Western Europe, North America, Asia and Africa. The Group’s sales network consists of offices located in Russia, the CIS, and Europe.
In Russia, the Group conducts its banking business through one parent bank (VTB Bank) and five subsidiary banks, of which VTB24, Bank of Moscow, and TransCreditBank are the largest.
Outside Russia, the Group operates through 15 bank subsidiaries in the Commonwealth of Independent States (Armenia, Ukraine (two banks), Belarus (two banks), Kazakhstan and Azerbaijan), Europe (Austria, Cyprus, Germany, France, Great Britain and Serbia), Georgia, Africa (Angola), two representative offices located in Italy and China, two VTB Bank branches in China and India, and four branches of VTB Capital in Singapore, Dubai, Hong Kong and New York.
As of 31 December 2011, VTB Group ranked second largest Russian financial group by assets (RUB 6,789.6 billion), and customer deposits (RUB 3,596.7 billion).
VTB’s core shareholder is the Russian government, which has a 75.5% stake in the Group’s equity through the Federal Agency for State Property Management.