On 6 July 2009, Moody’s announced the ratings assigned to notes issued by National Mortgage Agent VTB 001. Class A notes were rated A3, and Class B notes were rated Ba1.
These ratings reflect both the high quality of assets and transaction structure reliability.
RUB 14.48 billion mortgage-backed securities of National Mortgage Agent VTB 001, issued in accordance with the Federal Llaw “On Mmortgage-Bbacked Ssecurities”, were placed at MICEX on 18 June 2009.
VTB Group is a leading Russian financial group with a strong tradition in Russia and the CIS, and a presence in more than 20 countries around the world. The Russian Government is VTB’s majority shareholder, with a 77.5% holding. The remaining 22.5% of the shares are traded on the RTS and MICEX in Russia, and VTB’s global depositary receipts are traded on the London Stock Exchange. VTB offers a wide range of services in corporate, retail and investment banking in Russia, some other CIS states and a number of countries in Western Europe, Asia and Africa. As of 31 December 2008, VTB was the second largest financial group in Russia by assets (USD 126 billion) and by customer accounts (USD 37.5 billion). VTB Group is among the top three national retail banks with a network of 1020 outlets in Russia and the CIS. In 2008, VTB launched its Investment Banking business – VTB Capital, which operates from Moscow, London and Singapore offices.