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On 12 March 2009, a delegation headed by Andrey Kostin, VTB President and Chairman of the Management Board, visited
the Tatarstan Republic.   
Mintimer Shaimiev, President of the Tatarstan Republic received  

12 March 2009

On 12 March 2009, a delegation headed by Andrey Kostin, VTB President and Chairman of the Management Board, visited
the Tatarstan Republic.   
Mintimer Shaimiev, President of the Tatarstan Republic received
Andrey Kostin. During the meeting they discussed a wide range of matters related to increase in financing to Tatarstan economy, large infrastructure projects implemented in the Republic, and opportunities for further developing and strengthening partnership relations between the Bank and the Administration of the Republic.
VTB Bank actively cooperates with the leading enterprises in the region, successfully developing long-term mutually rewarding relationships. Over the past six months the enterprises of Tatarstan has been provided with loans totaling RUB 8 billion, including RUB 730 million to small businesses. The funds were received by such enterprises as JSC KAMAZ, JSC Alnas,
JSC Tattelecom, JSC Zhilstroy Ltd. and JSC Vamin-Tatarstan.   
As of 1 March, the volume of VTB financing to municipal authorities amounted to RUB 300 million.

 

For reference:
VTB Bank Tatarstan Branch in Kazan was established on 6 March 2002. Its authorized staff is 223 people. At present, there are 21 VTB Group outlets on the territory of the region (including VTB Bank and VTB24). JSC KAMAZ, JSC Kazanorgsintez, VAMIN Group, JSC Glavleasing, JSC Alnas and JSC Tatstroy are major customers of the Branch. As of 01.01.2009, the Branch extended loans of RUB 6471 million to large customers and RUB 9363 million to medium-sized customers.


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