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VTB invites a group of foreign investors to Russia

17 January 2008

On 16-18 January 2008, a group of foreign investors paid a visit to Russia, which was organized by VTB. Among the delegates there are high-ranking representatives of the leading management companies and investment banks, in particular, Temasek Holdings, Fidelity International, Capital Group, Genesis Investment Management, DWS Investment, Dresdner Kleinwort, Pioneer Investments, F&C Investments, AIG Global Investment Group, Grantham, Mayo, and Van Otterloo & Co.

On 16 January 2008, within the framework of their visit, the foreign investors met with Sergey Ignatiev, Chairman of the Bank of Russia; Elvira Nabiullina, Minister of Economic Development and Trade; Aleksei Kudrin, Deputy Chairman, Minister of Finance; Arkady Dvorkovich, Head of the Presidential Experts Directorate; Sergey Kharlamov, Deputy Head of the Federal Financial Markets Service, and heads of the largest Russian companies.

According to Liza Tompson, Senior Vice President of Capital Group: "We are grateful to VTB for the opportunity offered to personally meet the management of Russia and directors of the largest Russian companies. Such contacts will help us generate new investment ideas and understand better Russian risks, thus facilitating investment flows into Russia - a country of huge economic growth potential".

On 17 January 2008, in VTB Head office, Andrey Kostin, VTB Chairman and CEO, Mikhail Zadornov, Chairman of VTB24, a retail bank of VTB and other VTB Group directors made a presentation of VTB Group for foreign investors.  

Andrey Kostin said: "Being a public company of a global dimension, we highly value our cooperation with investors, and that is why we have arranged this visit. I am sure that meetings of this kind create favorable conditions not only for further accelerated VTB business, but also for increased foreign capital participation in the Russian economy in general". 

Later on 17 January 2008, Victor Zubkov, Prime Minister of Russia received the delegation of foreign investors. During their meeting they discussed a wide range of issues related to the development of the Russian economy and creation of effective mechanisms to enhance long-term cooperation in the investment sphere.     

Also on the agenda is a visit to VTB24 Mortgage and Consumer Lending Centre, and a business trip to Sochi. There presentations will be made about the Krasnodar Territory, its investment opportunities and VTB activity in this region. The Organization Committee of the XXII Olympic Winter Games and the XI Paralympic Winter Games of 2014 in Sochi will also make its presentation.

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