VTB on 14 December held its first Investor Day in Kazan, the capital of Tatarstan. The event was attended by existing shareholders and potential investors in VTB shares. Presentations at the event covered the bank’s structure and performance, its strong corporate governance system and interaction with shareholders, and dividend policy.
Leonid Vakeyev, Head of Investor Relations, reported on the group’s financial performance in the first nine months of 2013. He said: “Over the first nine months of 2013, VTB Group demonstrated sustainable growth in the retail and corporate segments despite macroeconomic headwinds. Early next year, the group will present its new three-year strategy, which will include plans to increase VTB Group’s share of the retail market and to ensure effective growth of all other segments of the business.”
Other topics included investment and securities management strategies. Alexander Kuznetsov, Senior Vice President and Director of Investments at VTB24, provided details of the broker services and analytical support available to VTB24 clients, who can use the retail bank’s diversified services to profit in both rising and falling markets. Denis Spiridonov and Stanislav Kleshchyov from the Investments Department described the macroeconomic factors that influence the stock market and took a look at some securities that are currently popular with investors.
The event was held in Tatarstan due to the high level of economic activity of individual investors and the region as a whole. Kamil Yusupov, General Manager of VTB Bank Branch in Tatarstan, spoke about the bank’s operations and achievements in the region: “VTB Bank first came to Tatarstan in 2002 and since then the group has considerably expanded its presence here. VTB is involved in the most important regional projects in infrastructure development, aircraft building and mechanical engineering, petrochemistry, oil processing and construction. The region’s key enterprises have been among the bank’s priority clients for years. They use the bank’s services due to their high quality and broad opportunities, and we do our best to offer them the best terms for implementing their projects, both big and small.”
The Investor Day in Kazan was part of a series of meetings with shareholders and investors in the regions that VTB Bank has held on a regular basis since 2010. In 2014, it plans to hold Investor Days in nine cities across Russia, from St. Petersburg on the Baltic Sea to Khabarovsk in the Russian Far East. These events will be open not only to VTB shareholders and clients, but also to any other interested parties, from startup investors to experienced stock pickers.