Tag Archives: VTB

VTB Group increased its stake in VTB Bank (Belarus) to 100%

Moscow, Russia, 31-1-2014 — /EuropaWire/ — VTB Group has bought the 2.63% stake in VTB Bank (Belarus) owned by minority shareholders, increasing its stake to 100%. In 2013, VTB bought a 25.95% stake in the bank from the Belarusian government. Senior Vice President Mikhail Yakunin, head of the group’s Financial Subsidiaries … Read the full press release

VTB to provide bank guarantees to finance Arctech Helsinki Shipyard’s participation in state tender for ice-breaking vessel

Moscow, Russia, 31-1-2014 — /EuropaWire/ — As part of its programme to develop strategic cooperation with United Shipbuilding Corporation (USC), VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which USC is one of the largest shareholders. VTB will provide bank … Read the full press release