VTB participated in international conference “Russia-Singapore: New Business Opportunities”, held in Moscow. The conference was organised by the Russia Singapore Business Council, the Russian Export Center and the Sportsmaster (Singapore) and supported by the Russian Ministry of Economic Development and the Russian Technologies State Corporation (Rostec).
At the event, VTB held a number of meetings with representatives from Russian and Singaporean businesses to discuss developing partnerships. The broad range of VTB’s trade and export finance products, as well as strong relationships with banks in Asia, make it possible to find the best ways for Russian companies to do business in the region, including Singapore.
VTB was named ‘Best Bank for Trade Finance in Russia 2016’ by Global Finance magazine. In addition, VTB was recognised as the ‘Best Trade Finance Bank in Russia and the CIS’ in 2015 by Global Trade Review magazine.
Last year, the total volume of transactions with trade and export finance tools exceeded RUB 250bn and spanning 55 countries. Over the past three years, VTB has completed over RUB 500bn worth of deals, increasing its portfolio sevenfold.