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Andrey Kostin
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15FEB13
Andrey Kostin participates in the conference on Russia’s G20 presidency
On February 15, 2013, VTB Bank President and Chairman of the Management Board, Andrey Kostin , participated in the conference, dedicated to Russia’s presidency in the G20, organized by the Institute of International Finance (IIF) supported by the Russian Ministry of Finance. Vital role of policy coordination in promoting sustainable...
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5FEB13
Andrey Kostin meets with Ukrainian President
On 4 February 2013, a delegation of VTB Bank officials headed by President and Chairman of the Management Board Andrey Kostin visited Ukraine. Andrey Kostin met with Ukrainian President Viktor Yanukovych and Prime Minister Mykola Azarov. The discussion covered a wide range of issues regarding financial and economic cooperation and VTB Group ’s involvement in...
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31JAN13
Andrey Kostin on Basel III: stricter regulation can create “new risks”
... are followed globally. If this does not happen, the risks of imbalances we have yet to experience are hazardously high. Allowing countries like Russia to benefit from the experience of its European peers is an important way to achieve this » . Andrey Kostin, President and Chairman of VTB Bank Management Board The risks and imbalances highlighted by the financial crisis prompted the introduction of Basel III. But as in Europe, in Russia this must be a gradual process. Stricter regulation, even...
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25JAN13
Andrey Kostin: “We do believe that investment climate in Russia is better than the investment image of Russia”
... unemployment and low level of debt, but he acknowledged that improving public governance has been a top priority. Russia currently ranks below Iran and Honduras in the global corruption surveys. Let’s get some insight into Russia’s economic outlook with Andrey Kostin, he is the Chief Executive Officer of VTB Bank, one of the country’s leading lenders and a main speaker at Davos. Good to see you, Andrey. ANDREY KOSTIN: Good afternoon. REPORTER: I thought it’s a very interesting speech there by Prime-Minister...
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25JAN13
Andrey Kostin: “There will be certain compromise between the increasing regulators’ demands on the capital adequacy and the task to develop business”
... Russian bankers? You might be surprised that Russian bankers are rushing to meet with US bankers here in Davos, Switzerland, at the World Economic Forum and one of them is Russia’s second largest lender, VTB bank. We are with the Chairman and President Andrey Kostin. Who have you been meeting with? ANDREY KOSTIN: Well, I think, there are a lot of American bankers, so I am meeting with the chairmen of JPMorgan, Morgan Stanley, Goldman Sachs, Citigroup, Bank of America. LIZ CLAYMAN: Do you sit around...
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24JAN13
Andrey Kostin: “Growth is not possible without the active role of the banks”
Anchorman: A big Russian contingent of this year’s Davos — we’ve talked to a number of guests about Russia already this morning. Andrey Kostin is chairman and CEO of VTB Bank. He’s on a panel later this morning together with JP Morgan’s Jamie Diamond and Axel Weber (UBS) on shaping the global financial context. Andrey, glad to see you in this studio again. Andrey Kostin: Morning...
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19NOV12
Andrey Kostin: “I think Russian banking sector is doing very well”
... it is growing at the slowest pace that it’s seen in three years. Here are the numbers: Q3 GDP growing at just 2.9%, and economists say it’s going to get worse. Joining me now on a FOX Business exclusive is a man that this really matters to. He is Andrey Kostin , Chairman and President of VTB Bank , Russia’s second largest bank. I am glad to know that we are not the only ones with all these problems, but still, we’d take 2.7% growth. At a time, I am wondering, when US banks are having so much...
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31OCT12
VTB President Andrey Kostin visits Angola
VTB President and Chairman of the Management Board Andrey Kostin visited the Republic of Angola on October 31, 2012. During his working visit, Andrey Kostin met with the country’s President, José Eduardo dos Santos, and Vice-President Manuel Domingos Vicente to discuss the development of VTB Group ’s...
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11SEP12
Andrey Kostin: “This privatization should be transparent and clear”
KAORI ENJOJI: Andrey Kostin is the Chairman and President of the number 2 lender in the country, VTB Bank, he is also the Chairman of the APEC CEO Summit and kindly joins us this morning here. Andrey, thank you so much for joining us, it’s good to have you here. ANDREY...
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5SEP12
Andrey Kostin: “For Russia it’s vital to put our focus on the Asian side”
SOPHIE SHEVARDNADZE: Andrey Kostin, president of VTB Bank, Russia’s second largest bank. It is really great, sir, to have you with us today. ANDREY KOSTIN: Good afternoon. SOPHIE SHEVARDNADZE: So, you’ve headed VTB for the last 10 years, and you’ve been there in 2008, and...
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12JUL12
Andrey Kostin: «Banks should reduce their risk appetite and desire to grow very fast»
Andrey Kostin talks with Bloomberg TV channel about the Eurozone crisis, Russian banking industry forecast and VTB share sale HOST: Well, with us is Chairman of VTB Andrey Kostin. Thank you so much for coming on City Central. Mr. Kostin, let me ask you...
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10JUL12
Andrey Kostin: «Russia is showing quite strong growth, it is definitely growing higher than the other G-8 countries»
Andrey Kostin is interviewed by the BBC's Stephen Sackur for News24's HardTalk about challenges of the Russian economy, BRICS and Eurozone’s crisis STEPHEN SACKUR: Does Russia really deserve its status as a BRIC, one of the newly powerful global economies...
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27JUN12
Andrey Kostin: «We have to build a new economy and new technologies»
Andrey Kostin talks with CNN TV channel about the Eurozone debt crisis its impact on Russia both in the near and medium term HOST: How the Eurozone debt crisis will impact Russia in both the near and medium term? ANDREY KOSTIN: Somehow, the problem of...
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26JUN12
Andrey Kostin: «VTB is the only Russian state-owned company, which managed to sell a 10% stake last year»
– Andrey Kostin is the CEO of VTB Bank, one of Russia's largest, he joins us now. Mr. Kostin, what do you think of the downgrade that came through from Moody's for all these big international banks? – Well, I think the financial situation in the world...
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22JUN12
Andrey Kostin signs loan agreement to build St Petersburg toll road
... information systems to control travel and traffic management, including toll e-payment using stickers on vehicle windscreens. « I am pleased that VTB will be actively involved in constructing and operating one of Russia’s most modern motorways ». Andrey Kostin Andrey Kostin , VTB Bank President and Chairman of the Management Board, said: “The Western High-Speed Diameter is Russia’s largest private-public partnership project. I am pleased that VTB will be actively involved in constructing and...
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6JUN12
Andrey Kostin: «We are more conservative now. We want to have some safety pillow in order to keep some capital if things get worse»
— I am very pleased to say I am now joined by Mr. Andrey Kostin , the Chairman and Chief Executive of VTB Bank. Talk to me a little bit about your contingency plans, Mr. Kostin. I know we’ve talked about the fact that everyone needs to be prepared in the eventuality, even if it’s not a base scenario...
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25APR12
VTB Bank Supervisory Council to extend term of office of Andrey Kostin
On 25 April 2012, VTB Bank Supervisory Council unanimously decided to extend the term of office of Andrey Kostin , VTB Bank President and Chairman of the Management Board, for another 5 years till 9 June, 2017. Russian Prime Minister Vladimir Putin has earlier approved the relative directives of the government. « We have managed to enter new foreign...
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19APR12
Andrey Kostin: “NYC office is definitely focused on Russia”
Melissa Lee: VTB Capital, the investment arm of Russia's second largest lender is opening its first and only US office this week in the New York City. Andrey Kostin is VTB's Chairman and CEO. He joins us now at Post Nine for a first on CNBC interview. Andrey, great to have you with us. What are your objectives here in New York City? Andrey Kostin: Well of course New York is the major centre, financial...
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2FEB12
Andrey Kostin discusses VTB Arena Park project with Sergey Sobyanin
On 02 February 2012, Andrey Kostin , President and Chairman of JSC VTB Bank Management Board, and Moscow Mayor Sergey Sobyanin had a meeting on the implementation of the VTB Arena Park project. It was dedicated to the launch of the active reconstruction phase of the famous...
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1DEC11
Andrey Kostin meets with President of Azerbaijan Ilham Aliyev
On 01 December 2011, Andrey Kostin , JSC VTB Bank President and Chairman of the Management Board visited the Republic of Azerbaijan. During the visit, Andrey Kostin met Ilham Aliyev, President of Azerbaijan to discuss VTB Group enhanced participation in finance and infrastructure...
