24 May 2006
On 18 May 2006, The Bank of New York awarded Vneshtorgbank for high quality execution of outward payments in 2005. The award to VTB representatives was extended by Mr Sergei V. Kotov, VNY Vice President.
Vneshtorgbank has received this award for the several past years running.
Vneshtorgbank is a lead Russian bank in the sphere of foreign trade settlement. Having a wide network of correspondent accounts almost in all foreign currencies, Vneshtorgbank has gained strong competitive advantages and is one of the main international settlement banks for most Russian companies and financial institutions.
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