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Vneshtorgbank opens a new branch in Novosibirsk

6 May 2006

A new branch of Vneshtorgbank is now operating in Novosibirsk. It offers to legal entities a full range of innovative bank services.

The branch opening is to facilitate development and increase efficiency of VTB operations, geographic expansion and new customers involving. It is a further step in implementing of regional network development concept, approved by the Supervisory Council of the Bank in February 2004.

Today, the Bank's branch network comprises 56 branches, 137 sub-offices and operating offices in different towns of Russia and 9 sub-offices in Moscow and Moscow region.

This year, in order to implement its strategic development Vneshtorgbank is set to open 4 more branches.

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