VTB Bank

VTB LAUNCHES ESG INITIATIVES

Thursday, October 14, 2021 - 2:29pm

VTB Group is set to launch a Russia-wide ESG platform.

Key Points: 
  • VTB Group is set to launch a Russia-wide ESG platform.
  • In total, the ESG platform's perimeter includes about 20 areas of VTB Group's activities.
  • The new ESG strategy will be adopted by the end of 2021 and will include the following priority areas: responsible financing, including advising clients on improving the ESG side of their business, engaging clients in ESG projects and initiatives, investing in socially significant projects, sponsorship and philanthropy, organisational development, and building an ESG governance model, including related risk management.
  • VTB Group offers ESG products across all business segments, including placing green bonds, financing green industries, Russia's first open-ended mutual funds for responsible investment, and retail eco-projects.

VTB Bank announces RAS financial results (standalone) for September and 9M 2021

Wednesday, October 6, 2021 - 12:08pm

VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for September and nine months of 2021.

Key Points: 
  • VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for September and nine months of 2021.
  • In 9M 2021, the Bank showed robust growth in profitability metrics.
  • Net profit was RUB 203.7 billion in 9M 2021, including RUB 24.3 billion in September 2021, 3.9 times and 270 times up year-on-year, respectively.
  • The reported financial indicators are preliminary; hence, they can be supplemented and changed in the process of preparation of publishable financial reports of VTB Bank.

VTB Group announces IFRS financial results for August and 8M 2021

Thursday, September 30, 2021 - 9:03am

VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for August and eight months of 2021.

Key Points: 
  • VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for August and eight months of 2021.
  • The Group earned RUB 231 billion in 8M 2021, which corresponds to a return on equity of 18.2%.
  • VTB Group's net profit was RUB 231.4 billion in 8M 2021 and RUB 30.5 billion in August 2021, increasing 4.4x and 3.1x, respectively, year-on-year.
  • Return on equity was 18.2% in 8M 2021 and 17.4% in August 2021, up from 4.6% and 6.8% year-on-year, respectively.

VTB Bank announces RAS financial results (standalone) for August and 8M 2021

Wednesday, September 8, 2021 - 4:09pm

VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for August and eight months of 2021.

Key Points: 
  • VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for August and eight months of 2021.
  • Net profit was RUB 179.4 billion in 8M 2021, including RUB 25.1 billion in August 2021, 3.4 times and 93 times up year-on-year, respectively.
  • Provision charge amounted to RUB 71.9 billion in 8M 2021 (down 54.1% year-on-year) and RUB 1.2 billion for August 2021 (down 93.8% year-on-year).
  • The reported financial indicators are preliminary; hence, they can be supplemented and changed in the process of preparation of publishable financial reports of VTB Bank.

VTB Group announces IFRS financial results for July and 7M 2021

Monday, August 30, 2021 - 9:01am

VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for July and the first seven months of 2021.

Key Points: 
  • VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for July and the first seven months of 2021.
  • Dmitry Pianov, a member of the Management Board and Chief Financial Officer of VTB Bank, said:
    "In July, VTB Group once again achieved excellent financial results based on strong growth in interest and transaction income and solid business growth, primarily in Retail and SME Banking.
  • VTB Group's net profit was RUB 200.9 billion in 7M 2021 and RUB 30.2 billion in July 2021, increasing 4.7x and 27.5x, respectively, year-on-year.
  • Net interest margin showed resilience to changes in the key rate, amounting to 3.8% in July and in 7M 2021.

PJSC RusHydro: RusHydro signs guarantee agreement with BANK VTB (PJSC)

Wednesday, August 18, 2021 - 12:50pm

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced signing a guarantee agreement with VTB Bank (PJSC) to secure the obligations of JSC Far East Generating Company (JSC DGK) for attraction of credit funds in the amount of RUB 10 bn in VTB Bank (PJSC) under the agreement dated 10.06.2021 No.
  • -73026/0003/-21 is equal to the Central Bank of Russia's key rate increased by 1.73 percent per annum.
  • It is one of Russia's largest generating company and is the third in the world with over 400 generating facilities.

VTB Bank announces RAS financial results (standalone) for July and 7M 2021

Monday, August 9, 2021 - 9:01am

VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for July and seven months of 2021.

Key Points: 
  • VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for July and seven months of 2021.
  • Net profit was RUB 154.3 billion in 7M 2021, including RUB 24.8 billion in July 2021, 3.0 times and 460 times up year-on-year, respectively.
  • Provision charge amounted to RUB 70.7 billion in 7M 2021 (down 48.5% year-on-year) and RUB 12.2 billion for July 2021 (down 65.1% year-on-year).
  • The reported financial indicators are preliminary; hence, they can be supplemented and changed in the process of preparation of publishable financial reports of VTB Bank.

VTB Group announces IFRS results for 6M 2021

Friday, July 30, 2021 - 6:54pm

Net interest income amounted to RUB 306.0 billion in 1H 2021 and RUB 160.4 billion in 2Q 2021, increasing 21.4% and 21.2% year-on-year, respectively.

Key Points: 
  • Net interest income amounted to RUB 306.0 billion in 1H 2021 and RUB 160.4 billion in 2Q 2021, increasing 21.4% and 21.2% year-on-year, respectively.
  • Net interest margin was 3.8% in 1H 2021 and 3.9% in 2Q 2021, up from 3.7% and 3.9% year-on-year, respectively.
  • Provision charge amounted to RUB 54.3 billion for 1H 2021 and RUB 31.7 billion for 2Q 2021, decreases of 52.3% and 53.9% year-on-year, respectively.
  • VTB Capital Investments' customer base exceeded 1.6 million as of 30 June 2021, an increase of 36% since the beginning of the year.

JSC VTB Bank: VTB Bank announces RAS financial results (standalone) for June and 6M 2021

Wednesday, July 7, 2021 - 1:07pm

VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for June and six months of 2021.

Key Points: 
  • VTB Bank (PJSC) (hereinafter referred to as the Bank) publishes its standalone key RAS financial results for June and six months of 2021.
  • Net profit was RUB 129.5 billion in 6M 2021, including RUB 17.5 billion in June 2021, 2.5 times and 175 times up year-on-year, respectively.
  • Provision charge amounted to RUB 58.5 billion in 1H 2021 (down 42.8% year-on-year) and RUB 10.6 billion for June 2021 (down 56.0% year-on-year).
  • The reported financial indicators are preliminary; hence, they can be supplemented and changed in the process of preparation of publishable financial reports of VTB Bank.

JSC VTB Bank: VTB Bank announces results of the annual General Meeting of Shareholders

Thursday, July 1, 2021 - 3:07pm

VTB Bank held its annual General Meeting of Shareholders (the AGM) following the results of 2020.

Key Points: 
  • VTB Bank held its annual General Meeting of Shareholders (the AGM) following the results of 2020.
  • The meeting elected the following 11 members of the Supervisory Council of VTB Bank:
    Ernst & Young LLC has been approved as VTB Bank's Auditor for the annual mandatory audit of VTB Bank for 2021.
  • In addition, the shareholders approved amendments to the Charter of VTB Bank, a new version of the Regulation on the Management Board of VTB Bank.
  • The report on the voting results will be published on the VTB website in the section dedicated to the Annual General Meeting of Shareholders within the time period established by law.