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VTB is the best bank of Russia in Finance Europe Achievement awards 2006

10 January 2007

A prestigious journal Finance New Europe has named VTB the best bank of Russia in 2006.

In Finance New Europe (FNA) journal, which is devoted to the world economics, the readers can find the latest news concerning market environment and gain research findings for the most urgent issues. It awards annual prizes to financial leaders in various categories. Finance New Europe?s Achievement Awards are granted to personalities, companies and deals, that contributed to the world market development during the year. Winners are selected by a representative jury according to such criteria as openness, financial audit results, growth in market operations, positions in the world ratings, yield, strategic orientation, business development and product innovation. These criteria help to select the winner, who in the view of the leading world companies and services suppliers is the best in terms of conducting business. Final decision is a joint opinion of the leading analysts, consultants, clients, rating agencies etc.

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