VTB is one of Russia’s largest custodian banks and provides a full range and related services for all types of securities.
General Licence of the Bank of Russia No. 1000;
Licence from the Federal Service for Financial Markets of 25 March 2003 for: depository (custody) activity No. 040-06497-000100;
Key Performance Indicators for VTB Custody
volume of assets under VTB Bank’s custody is over USD 34 billion;
VTB Custody serves over 1000 custody clients and 1000 000 broker clients, including Russian and foreign banks, global custodians, brokers and individuals
VTB Bank is a Russian custodian for The Bank of New York Mellon and Deutsche bank Trust Companies Americas for programs of global and US depositary receipts.
Compliance with international standards
In the 2020 Agent Banks in Emerging Markets survey by Global Custodian magazine, VTB Bank achieved the highest results in all eleven categories of the Survey and was awarded by Global Outperformer badge, designed to recognize and promote genuinely superior performance among different service providers.
State ownership guarantees the financial stability of the organisation. Increased state control ensures constant monitoring of the bank’s compliance with current legislation;
Historically, the majority of companies operating in the Russian securities market hold custody accounts with VTB Bank, creating favourable conditions for internal settlements within VTB Bank;
Diversification of the custodian client base: the share of any one client never exceeds 15% of the total assets under custody;
Membership of VTB Group provides Custody clients with direct access to the broadest range of financial services provided by VTB Group.