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Vneshtorgbank Continues the Sucessful Development of Retail Business

5 August 2004

According to results from July 2004 Vneshtorgbank has secured pole position in the Russian banking market according to the statistics of the realisation of retail banking products, and according to the dynamics of the growth of services to the private individual.  After July 2004 theount of public capital means in Vneshtorgbank rose by more than 9% to 40.5 billion roubles.  Theount of Vneshtorgbank international cards in circulationount to around 500,000; the balance on the card accounts is more than 4 billion roubles.

In order to provide convenient public services and wide access to their services, Vneshtorgbank is currently offering their clients banking services in the Moscow region at any VTB branch regardless of where the account was opened.  Further growth of the Vneshtorgbank client base is also being promoted by the lengthening of service hours at a number of VTB offices in Moscow starting from 2 August 2004.   

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