Select your city:
Moscow

VTB Bank call center

+7 (800) 200-77-99
+7 (495) 739-77-99
For general information and enquiries

Russian President Vladimir Putin received on 14 January 2004 Vneshtorgbank`s President and CEO, Andrey Kostin.

Vladimir Putin displayed interest in Vneshtorgb

 
1 March 2004

Russian President Vladimir Putin received on 14 January 2004 Vneshtorgbank`s President and CEO, Andrey Kostin.

Vladimir Putin displayed interest in Vneshtorgbank`s plans to expand its business and improve its services to the public.
Andrey Kostin informed the President that in the short run the Bank is going to invest US$200 million in technology development and in opening of new offices. Last year the Bank opened in Moscow its mortgage centre, and this March a similar centre will be opened in St. Petersbourg. Andrey Kostin added that Russia is going through an `explosive` development of the banking sector.
In the meeting, Vladimir Putin pointed out that several laws were enacted on banking, in particular, the law on individual deposit insurance and the law on foreign exchange regulation.
In answer, the Vneshtorgbank`s C.E.O. said that the law on foreign exchange regulation aimed at liberalising of the existing banking legislation would make the banks work better. `The liberalisation suggests full rouble convertibility`, told Mr. Kostin to the President, `and the population and the banking sector will eventually gain from that law`.


Back to the list



VTB group news subscribe
  • E-mail subscribe
  • RSS lent
    Subscribe
    Subscribe
Download the list of cities.....