At the annual awarding ceremony of europaproperty.com, which took place February 14 in London, VTB was recognized as "Russia Bank of the Year" for its work with commercial real estate in 2007.
The award organized by europaproperty.com distinguishes the main participants of the real estate market in terms of investment and project development and is based on the evaluation of investment and development activities of organizations in Russia and the CIS. The award's jury includes heads of the leading companies, operating in the field of commercial real estate.
Andrey Peregudov, VTB Senior Vice President, who received the award on behalf of VTB, noted: "One of VTB priority business lines is financing and investment into construction of real estate, including many projects socially important for the Russian economy. We are pleased that our effort has been appreciated by the leading experts in this field."
Europaproperty.com is a news and analytical Internet portal on commercial real estate in Europe, Russia and CIS countries. It is a source of competent information on the real estate market. The portal supports the publication of five magazines, including real estate guides and investment reviews.