Russian Commercial Bank (Cyprus)

VTB Group

VTB - Universal International Financial Group . Assets of VTB is the second in Russia (as of September 30, 2010). VTB's majority shareholder with a share of 75,5% - Russian government.

The Bank holds a strong competitive position in all segments of the banking market. Diversifying its activities, the VTB Group is constantly expanding the range held in the Russian market and provides customers with a wide range of services, accepted in international banking practice. Customers VTB - the leading Russian and international companies.

In October 2010, VTB Bank celebrated its 20 th anniversary . Today, the Bank is developing rapidly. Over the past two years, VTB substantially changed the approach in the management of the Group. The new development strategy for 2010-2013. aims to increase capitalization and substantially increase the efficiency of business groups, as well as international business development.

According to international rating agencies Moody `s Investors Service, Standard & Poor` s and Fitch, with VTB the highest rating for Russian banks. Russian rating agencies also award VTB with the highest reliability.

VTB Group comprises VTB Bank and its subsidiaries in Russia, CIS countries, Europe, Asia and Africa. Currently VTB owns a stake of over 50% stake in 12 credit and 9 of the financial companies.