VTB Group includes VTB Bank as well as credit and finance subsidiaries in which it holds more than 50% of voting shares. Subsidiary lending institutions (banks) perform banking operations. Subsidiary financial companies offer stock market services, as well as insurance and other types of financial services. Subsidiary asset management companies for pension funds and unit funds, leasing companies and other types of subsidiaries operate on financial services markets.
All VTB subsidiary banks and financial institutions are part of VTB Group.
VTB Group operates a unique international business network — the largest among Russian banks — including over 30 banks and financial companies in over 20 countries. VTB offers its clients comprehensive services in the CIS, Europe, Asia and Africa. VTB is the second largest bank in Russia in terms of all major indicators.
The Russian government’s stake in VTB Bank’s equity amounts to 60.9%.
VTB Bank http://www.vtb.com/group/