VTB Bank

ROSTELECOM PJSC: Rostelecom secures strategic partnership to boost the development of its data centers and cloud business

Retrieved on: 
Thursday, December 24, 2020
Computing, Concurrent computing, Distributed computing, Cloud infrastructure, Digital television, Internet television, Rostelecom, Cloud computing, VTB Bank, Data center, Tele2 Russia

Mikhail Oseevsky, CEO & President of Rostelecom, commented: ""We are very excited to initiate our strategic partnership with VTB Bank for the development of our cloud division.

Key Points: 
  • Mikhail Oseevsky, CEO & President of Rostelecom, commented: ""We are very excited to initiate our strategic partnership with VTB Bank for the development of our cloud division.
  • This is a significant milestone that will accelerate growth and facilitate the realisation of our data centers and cloud potential.
  • The strategic partnership with VTB Bank will support Rostelecom's investment in the growth of data centers and cloud business.
  • Rostelecom Data Centers (RTK-DC) manages Rostelecom's data centers and cloud services, including DataLine acquired in 2019.

JSC VTB Bank: Natalia Dirks elected as member of the Management Board

Retrieved on: 
Tuesday, December 22, 2020
Economy, Finance, Money, VTB Bank, Bank, Automated teller machine

On December 22nd, VTB Supervisory Council passed a resolution to elect Natalia Dirks as the member of the Bank's Management Board.

Key Points: 
  • On December 22nd, VTB Supervisory Council passed a resolution to elect Natalia Dirks as the member of the Bank's Management Board.
  • In this capacity, she will report to the Deputy Chairman of the Management Board Vadim Kulik.
  • As a member of the Management Board, Natalia Dirks will continue to overseeing operational business support, which includes conducting and supporting key banking operations, transactions processing, operational control, cash and cards circulation, administering ATMs, documents storage, and countering transactional fraudulent activities.
  • I am confident that her appointment as a member of VTB Management Board will contribute to improving the efficiency of banking processes and the quality of VTB's customer service" Vadim Kulik said.

The St Petersburg Graduate School of Management has improved its position in the FT rankings again

Retrieved on: 
Wednesday, December 16, 2020
Saint Petersburg State University Graduate School of Management, Saint Petersburg State University, Presidents of Russia, Russian politicians, Politicians, Olga Dergunova, VTB Bank, Saint Petersburg, Vladimir Putin, Graduate School of Management, Government

SAINT PETERSBURG, Russia, Dec. 16, 2020 /PRNewswire/ -- St. Petersburg State University (SPbU) has improved its place in the Financial Times European Business School ranking 2020, published on December 7, 2020.

Key Points: 
  • SAINT PETERSBURG, Russia, Dec. 16, 2020 /PRNewswire/ -- St. Petersburg State University (SPbU) has improved its place in the Financial Times European Business School ranking 2020, published on December 7, 2020.
  • The Graduate School of Management SPbU (GSOM SPbU),founded with the supportof thePresident of the Russian FederationVladimir Putin,took a record 51st position in the overall European ranking, having risen by eight points compared to last year.
  • We are delighted with the high result and are ready to pursue new ambitious goals," said Nikolay Kropachev, Rector of St. Petersburg State University.
  • said Olga Dergunova, Deputy President and Chairman of the Management Board of VTB Bank, Director of GSOM SPbU.

VTB Group announces IFRS financial results for October and 10M 2020

Retrieved on: 
Tuesday, December 1, 2020
VTB Bank, Shooting guards, Companies

VTB Bank, the parent company of VTB Group (the "Group"), publishes its unaudited consolidated IFRS financial results for October and 10 months of 2020.

Key Points: 
  • VTB Bank, the parent company of VTB Group (the "Group"), publishes its unaudited consolidated IFRS financial results for October and 10 months of 2020.
  • In 10M 2020 the Group earned RUB 64.5 billion, which corresponds to ROE of 4.5%."
  • Mortgage lending, which continues to increase at a faster pace, was up 2.0% in October and 19.1% for 10M 2020.
  • The cost of risk was 1.8% for 10M 2020 and 0.8% in October 2020, up from 0.9% and 1.0% year-on-year, respectively.

Post Bank launches JCB merchant acquiring operations

Retrieved on: 
Wednesday, November 25, 2020
Financial services, Finance, Money, Embedded systems, Interbank networks, Automated teller machine, Automation, VTB Bank, Bank, RuPay

Moscow & Tokyo, Nov 25, 2020 - (ACN Newswire) - JSC Post Bank, a universal retail bank established by VTB Group and Russian Post, has launched JCB merchant acquiring operations.

Key Points: 
  • Moscow & Tokyo, Nov 25, 2020 - (ACN Newswire) - JSC Post Bank, a universal retail bank established by VTB Group and Russian Post, has launched JCB merchant acquiring operations.
  • "Post Bank's ATMs and POS terminals are installed in almost all post offices throughout Russia, which is very convenient for both bank customers and JCB cardholders.
  • We are glad that Post Bank, one of the largest universal banks in Russia, started accepting JCB cards.
  • Post Bank is the only bank in Russia whose ATM network (more than 4,800 machines) consists entirely of such devices.

VTB Group announces IFRS results for 3Q 2020

Retrieved on: 
Monday, November 9, 2020
VTB Bank, VTB Capital, 3Q, Banks, Companies, Economy of Russia

Net interest margin was 3.8% for 9M and 3Q 2020, up from 3.3% in 9M and 3Q 2019.

Key Points: 
  • Net interest margin was 3.8% for 9M and 3Q 2020, up from 3.3% in 9M and 3Q 2019.
  • During 3Q 2020, VTB Capital remained #1 in investment banking services in Russia.
  • VTB Capital Investments' assets under management increased by 49.4%, or RUB 949 billion, in 9M 2020 to RUB 2.9 trillion (the increase in assets in 3Q 2020 amounted to RUB 308 billion).
  • A number of initiatives were implemented in 3Q 2020 to drive customer base growth and expand customer reach in the market.

PJSC RusHydro: Russian Federation increases its stake in RusHydro

Retrieved on: 
Wednesday, October 7, 2020
VTB Bank, PJSC, Shareholder, Business, Companies, Economy

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has received a notification from the Russian Federation represented by the Federal Agency for State Property Management (hereinto - shareholder), confirming that shareholder has increased its share in the Company via acquisition of an interest in the Company.

Key Points: 
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has received a notification from the Russian Federation represented by the Federal Agency for State Property Management (hereinto - shareholder), confirming that shareholder has increased its share in the Company via acquisition of an interest in the Company.
  • As of September 14, 2020 the shareholder held 271,161,535,606 shares in PJSC RusHydro, representing 61.73% of the share capital and voting rights in the Company.
  • The Shareholder previously held 60.56% stake in PJSC RusHydro or 258,161,535,606 shares.
  • Thus, the shareholder has the right to dispose of 331,467,976,920 shares in PJSC RusHydro, representing 75.46% of the share capital jointly with other shareholders - VTB Bank (PJSC) (INN 7702070139) and JSC Hydroinvest (INN 7814382859).

VTB Group announces IFRS financial results for August and 8M 2020

Retrieved on: 
Wednesday, September 30, 2020
VTB Bank, International Financial Reporting Standards, Business, Companies, Economy

VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for August and the first eight months of 2020.

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 the first eight months of 2020.
  • Net interest margin was 3.8% for 8M 2020 and in August 2020 (an increase of 50 bps and 60 bps year-on-year, respectively).
  • The cost of risk was 2.1% for 8M 2020 and 1.8% in August 2020, up from 0.8% and 1.2% year-on-year, respectively.
  • Staff costs and administrative expenses amounted to RUB 170.4 billion for 8M 2020 and RUB 20.2 billion in August 2020, increases of 3.7% and 3.6% year-on-year, respectively.

VTB Bank announces the results of its Annual General Shareholders Meeting

Retrieved on: 
Friday, September 25, 2020
Financial markets, Shareholders, Finance, VTB Bank, Financial economics, Securities market, Audit, Dividends, Corporate law

The AGM has determined the following dividend payment procedure:

Key Points: 
  • The AGM has determined the following dividend payment procedure:
    Dividends willbepaid inmonetary form, with the amount per shareholder calculated toone kopeck and subject torounding.
  • within ten (10) working days: to nominal holders and beneficial owners on the basis of shareholder register who are professional securities market participants;
    within twenty-five (25) working days: to other registered shareholders.
  • Also, a decision has been made to pay the following remuneration to VTB Bank Statutory Audit Commission members who are not state employees:
    for the work in the Statutory Audit Commission: RUB 916,310 each;
    for the chairmanship in the Statutory Audit Commission: RUB 274,893.
  • The AGM has elected 11 members to the VTB Bank's Supervisory Council:

VTB Group announces IFRS financial results for July and 7M 2020

Retrieved on: 
Wednesday, September 2, 2020
VTB Bank, Companies, Economy of Russia

VTB Bank, the parent company of VTB Group (the "Group"), today publishes its unaudited consolidated financial results in accordance with IFRS for July and seven months of 2020.

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 seven months of 2020.
  • Net interest margin was 3.8% for 7M 2020 and in July 2020 (an increase of 50 bps and 40 bps year-on-year, respectively).
  • The cost of risk was 2.2% for 7M 2020 and 4.9% in July 2020, up from 0.8% and 0.5% year-on-year, respectively.
  • Staff costs and administrative expenses amounted to RUB 150.2 billion for 7M 2020 and RUB 21.1 billion in July 2020, increases of 3.7% and 9.9% year-on-year, respectively.