VTB Bank

[6][7][8] VTB was ranked 446th on the FT Global 500 2012,[9] The Financial Times’ annual snapshot of the world's largest companies.

VTB Bank (PJSC) has 22 branches and 3 representative offices in 13 regions of Russia and 4 foreign countries.

[28] In December 2018, it was announced that VTB Bank would be acquiring controlling stakes in Sarovbusinessbank (81.1%) and Zapsibcombank (71.8%).

[37][38][39] On 28 December 2017, VTB24 sells two shares to Dmitry Rudenko, the Chairman of the Board of Post Bank.

The private investors, who paid a total of 95.7 billion rubles ($3.1 billion) for the assets, included the investment funds Generali, TPG Capital, China Investment Corp, a sovereign wealth fund responsible for managing China's foreign exchange reserves, and companies affiliated with businessman Suleyman Kerimov.

[21] In 2017, the main shareholder of VTB was the Russian government,[24] which owned 60.9% of the lender through its Federal Agency for State Property Management.

The remaining shares were split between holders of its Global Depository Receipts and minority shareholders, both individuals and companies.

[52] Since 2013, VTB Group has been supporting the Velobike, a bicycle-sharing system in Moscow, a project by the Department for Transport and Development of Road Infrastructure of the city.

[54] On 6 August 2014, VTB was added to the Canadian sanctions list due to its role in the Russo-Ukrainian War and the downing of Malaysia Airlines Flight 17.

[56] On 1 September 2014, VTB was added to the Australian autonomous sanctions list for Russia, Crimea, and Sevastopol.

[57][58][59] On 12 September 2014, the United States issues a consolidated listing of directives associated with Executive Order 13662 sanctions during the crisis in Ukraine.

[65][66] On 28 November 2017, the United States increases the Executive Order 13662 sanctions to the Russian financial sector.

New equity or new debt issued from 12 September 2014 until 28 November 2017 was sanctioned if longer than 30 days maturity.

[68] On 25 June 2020 European Court of Justice rejected VTB and Sberbank bank's 2014 lawsuit against EU sectoral sanctions citing that regulators were within their aims of "imposing a cost on the Russian government" because of the latter's actions in Ukraine.

[69] In February 2022, amid the Russo–Ukrainian crisis, US and EU officials were reportedly finalizing an extensive package of sanctions on VTB bank and other related Russian entities.

[73] On 24 February, after Russia launched a full-scale invasion of Ukraine, US president Joe Biden and British prime minister Boris Johnson announced new sanctions against VTB bank and its directors, along with other Russian individuals and companies.

Old logo
Transfer of cash from a VTB Bank branch
The headquarters of VTB Armenia in Yerevan