CJSC Central Consolidated Registrar, member of VTB Group, has been renamed CJSC VTB Registrar.
The decision to rename the company was made in accordance with the VTB Group Corporate Governance Framework operating within the Strategic Holding Model. Under the Framework, every company of the Group must use the same single brand.
The registrar was renamed to benefit from synergetic advantages of VTB Group.
VTB Registrar is planning to improve its KPI, increase its market share, upgrade the system for recording rights to securities, which will ultimately encourage VTB Group’s capitalization growth.
VTB Registrar is one of the largest Russian registrars offering high reliability in maintaining and keeping shareholders’ registers. The company serves over 1350 issuers including VTB Group companies, Toliattiazot corporation, Tomskneft VNC OJSC, JSC RusSpecStal, JSC Arcticgas, Concern Energomera JSC, JSC RNT, GEOTECH Holding JSC, JSC Gals System.
VTB Registrar boasts a wide regional network with offices in St. Petersburg, Chelyabinsk, Stavropol, Yekaterinburg, Volgograd, Rostov-on-Don, Toliatti, Saratov, Orenburg, Penza, Pyatigorsk, Maikop, Vladikavkaz, Georgievsk, Nalchik, Ulyanovsk, Cherkessk, Elista.VTB Bank has been the company’s shareholder since 2006.