Issuer profile: VTB is a recognized leader of the national financial industry having gained a sustained competitive edge in all segments of the banking market. As of December 31, 2007 according to IFRS (consolidated), its shareholders equity totaled US$ 16.5 billion, enabling VTB to meet the Basle capital adequacy requirements with a safe margin. The assets of the Bank as of December 31, 2007 amounted up to US$ 92.6 billion.
The “Banker” magazine has ranked VTB the 116th among the world’s 1000 largest banks by capital.
Presently, the Government of the Russian Federation is the major shareholder of VTB, with its share accounting for 77.5%. In May 2007 during the IPO newly issued shares, representing 22.5% of VTB’s enlarged share capital, were allocated among Russian and international investors. The aggregate amount of funds raised approximated US$ 8 billion, making the VTB’s IPO the world’s largest public offering in 2007. It also proved to be most public in the history of the Russian stock market, since more than 120 thousand Russians have become VTB shareholders during the IPO.
As a result of the IPO, market capitalization of VTB, whose shares are now traded on the MICEX and RTS, as well as on the London Stock Exchange in the form of Global Depository Receipts, has exceeded US$ 35.5 billion. VTB authorized capital is presently RUR 67.2 billion./12.05.08
Outstanding issues:
9 issue(s) outstanding worth USD 6 838 300 000
5 issue(s) outstanding worth RUR 75 000 000 000
3 issue(s) outstanding worth EURO 2 500 000 000
1 issue(s) outstanding worth GBP 300 000 000
Issuer's rating:
| Moody's |
Baa1/Positive |
Int. Scale (foreign curr) |
07/18/2008 |
| National Rating Agency |
AAA |
National scale (Russia) |
07/01/2007 |
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