VTB

"VTB" is one of the oldest Russian banks, which began operations back in 1990. Back then it was named "Vneshtorgbank 24". A little later, the number "24" was dropped from the name and the organization became known simply as "Vneshtorgbank". Initially, the bank did not serve individuals — it worked exclusively with government institutions.

In 1997, Vneshtorgbank was transformed from a closed joint-stock company (CJSC) into an open joint-stock company (OJSC), and 96.8% of its shares passed into the ownership of the Central Bank. Then, in 2002, they were transferred to the Ministry of State Property of the Russian Federation.

In 2006, the Vneshtorgbank organization ceased its operations, and a new brand came to replace it — VTB 24.

Throughout its history, VTB has constantly changed its shareholder composition. Today, the equity capital structure is as follows:

• 60.93% of the shares belong to the Federal Agency for State Property Management, that is, essentially to the state;
• 8% of the shares are in free float on the market;
• 31.07% of the shares are issued as preferred shares and are also controlled by the state.

The bank's management board consists of 13 people. Each of them is responsible for their own area of work. The President of VTB and member of the Supervisory Board is Andrei Leonidovich Kostin. He owns 0.00183% of the bank's share package.

As one of the largest banks in the country and Eastern Europe, VTB confidently holds second place in Russia in terms of the number of customers — both individuals and legal entities.
In particular, the following products are available to individuals here:

• Consumer loans: "Cash Loan", "Express Loan", "Refinancing", "Loan Secured by Real Estate".
• Debit and credit cards: "Card for Life", "Payment Sticker", "Troika", "Digital Card", "Children's Card", "Card of Opportunities" and many others.
• Mortgages: "For families with children", "Preferential mortgage", "Secondary housing mortgage", "New construction mortgage", "Mortgage refinancing" and so on.
• Car loans: "State Program 2023", "Cash Car Loan", "Car Dealership Car Loan".
• Deposits and savings accounts: "VTB Account", "Safe", "VTB Ruble Deposit", "Nighttime", "Profitable Start", "VTB Yuan Deposit".
• Investments: "Plus Account", OFZ federal loan bonds, bonds, stocks.

Advantages of VTB Bank:

1. Reliability and stability — VTB is one of the largest banks in Russia and Eastern Europe, which guarantees stability and reliability for customers.
2. Wide range of services — VTB offers mortgage and consumer loans, credit and debit cards, car loans, deposits, investments, and insurance services for individuals. For legal entities, loans, deposits, guarantees, currency control, and trade finance are available.
3. Convenient online banking — VTB provides its customers with convenient and functional online banking, allowing them to manage their accounts and cards, pay for services, and transfer funds without visiting a bank.
4. Developed network of branches and ATMs — VTB has a wide network of branches and ATMs, which ensures convenience for customers when receiving services and conducting transactions.
5. Professional support team — VTB provides 24/7 support to its customers, helping to resolve arising questions and issues.
6. Favorable lending terms — VTB offers favorable lending terms, including low interest rates and convenient repayment periods.
7. State guarantees — VTB Bank is controlled by the state, which guarantees the protection of deposits and loans for customers.