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VTB Bank holds shareholder meeting in Yekaterinburg

25 February 2013

VTB Bank holds shareholder meeting in Yekaterinburg.

On 22 February, VTB Bank officials met with minority shareholders in Yekaterinburg as part of a series of seminars for regional shareholders. This was the third such meeting in the Sverdlovsk Region.

The event was attended by around 200 VTB shareholders living in the Sverdlovsk Region. The bank’s experts discussed VTB’s performance results and development plans, corporate governance, stock and dividend policy, as well as the election of the new Shareholder Advisory Council in 2013. Representatives of the bank’s retail subsidiary, VTB24, spoke about the basics of trading on the stock market and provided some insights into the situation on the Russian and global stock markets. The shareholders received thorough answers to all their questions.

“These seminars are an important part of the cooperation between VTB Bank and its shareholders,” said VTB Bank Shareholder Relations Service head Vladimir Khotkin. “Interest in these meetings has been steady, which is natural because many shareholders are far from professional brokers. The idea is to explain to our minority shareholders, as clearly as possible, what risks they may face and how to avoid common mistakes when working with stocks.”

The next event for VTB shareholders in the Sverdlovsk Region, an Open Door day, will take place on 28 February in Nizhny Tagil. The next training seminar will be held in Belgorod on 22 March.  

VTB Bank holds regular meetings with its shareholders as part of its Information Transparency Policy, including regional seminars and Open Door days. About 30 events are planned for 2013, including training seminars, Open Door days, meetings of the Shareholder Advisory Council and the Annual General Meeting.

Meetings and seminars are aimed at raising shareholder awareness of VTB Group’s performance and discussing pressing issues with management. These events are usually attended by representatives of VTB Bank, VTB24, VTB Insurance, VTB Registrar.

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