26 June 2009
VTB Bank has been recognized as the best quoted bank in the Russian financial sector based on an evaluation of Investor relations practices according to the Thomson Reuters Extel Survey – Focus Russia 2009.
VTB Senior Vice President Neil Withers said: ”We believe that transparency and good relations with our investors and shareholders is an essential part of good corporate governance and necessary for any public company. In today’s uncertain and volatile financial markets worldwide, maintaining an open and consistent dialogue with all categories of investors is vital. We’re very pleased our IR team’s efforts have been so highly appreciated by the professional investment community”.
Focus Russia 2009, a survey conducted by Thomson Reuters together with the Interfax International Information Group, is part of the Pan-European Thomson Reuters Extel Survey 2009, covering more than 7500 representatives of the European financial market. More than 5000 buy-side investment experts from more than 1400 asset management companies voted in the survey. Deloitte & Touche provided independent control over quality of survey methods and their application.
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