Based on VTB Group performance in November 2008, the MICEX ranked it 1st among "The Leading Operators" in REPO transactions in equities and bonds, leaving other market participants far behind. In November, the Group's equity sales reached RUB 382.9 billion, and bonds sales attained RUB 84.4 billion.
In October, the Group was also among the top three companies, being ranked 1st in equity sales, and 2nd - in bonds. Thus, in Q4 2008, VTB Group gained a position of the largest operator in the REPO market. REPO transactions are performed by the Equity Sales staff of VTB Capital, VTB Group Investment Business arm.
Citing Yuri Soloviev, VTB Capital CEO and Head of VTB Group Investment Business, "VTB Group is faced with a challenge of ensuring the liquidity so urgently needed for the Russian stock market to operate. We have successfully met the challenge having become a key partner for many professional market participants by providing funds for their operations. This would allow to mitigate the impact of the current crisis on the financial system. Today, our company is a recognized leader in the REPO market both in equity and bond sales. Therefore, VTB Capital is a leading operator in the REPO market".
VTB Group Investment Business (www.vtbcapital.ru) has offices in Moscow, London and Singapore. It focuses on arranging operations in debt and equity markets, developing private investment, as well as operations on the global commodities markets and asset management, advising customers on ECM and M&A deals in Russia and abroad. We seek to offer our customers high-profile products and services, and find new solutions to meet the challenging environment of the current market.