VTB Bank - Company Profile
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VTB Bank (VTB) is a financial institution that specializes in a wide range of banking services. The bank's main activities include transaction management, electronic banking, card solutions, liquidity management, financing and lending, and depository services. It offers products and services such as cash management, money orders, secure documentation, B2B e-document flow, corporate bank cards, short and long-term loans, and standard term deposits. The bank also provides specialized services like processing of corporate actions, proxy voting, income processing, tax pre-clearance, and cash accounts maintenance. VTB Bank serves various industries, including the mining industry, with its tailored loan products and consultancy services. It works with business partners across different sectors, offering simplified options for settlements like documentary collection. The bank operates in Belarus, Kazakhstan, Azerbaijan, Armenia, India, China, and Vietnam. VTB is headquartered in Moscow, Russia.
VTB Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Deposits | Private Banking | VTB |
| Cards | Leasing | |
| Loans and Financing: | Factoring | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the bank introduced instant payment for goods through QR code in Egypt. |
| 2026 | New Products/Services | In January, VTB (Armenia) introduced the MIR Travel multicurrency card. |
| 2025 | New Products/Services | In September, the bank launched a self-limiting service for loans and deposits. |
Competitor Comparison
| Key Parameters | VTB Bank | Sberbank Rossii | Rosbank PAO | AK BARS Bank | Alfa Bank |
|---|---|---|---|---|---|
| Headquarters | Russia | Russia | Russia | Russia | Russia |
| City | Moscow | Moscow | Moscow | Kazan | Moscow |
| State/Province | - | Moscow | - | Republic of Tatarstan | Moscow |
| No. of Employees | 97,000 | 287,866 | - | - | 26,359 |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrey L. Kostin | Chief Executive Officer; President | Senior Management | 2002 | - |
| Alexey Okhorzin | Senior Vice President; Head - Retail Products | Senior Management | - | - |
| Sergey Kitaev | Head - User Support; Vice President | Senior Management | - | - |
| Dmitry Pianov | Deputy Chief Executive Officer | Senior Management | - | - |
| Olga Sorokina | Chief Executive Officer - VTB Mobile LLC | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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