Home / Tag Archives: VTB Bank (page 3)

Tag Archives: VTB Bank

VTB Bank Advances in Rating of Billionaire Banks

VTB Bank Advances in Rating of Billionaire Banks

VTB Bank has  moved to the 4th position in the rating of billionaire commercial banks and surpassed Cartu Bank after Bank Republic. The bank’s assets in the second quarter rose by 2.8%. The loans portfolio increased by 5.7% quarter on quarter. In the first half of 2016 VTB Bank’s profits …

Read More »

Ratio of Bad Loans in Bank Sector Grows

The ratio of bad loans has increased in the bank sector, but the indicator still remains at low level and makes up 3.8% as of June 1. The volume of bad loans accounts for 579 million GEL (561 million GEL as of May 1, 2016). Loans (nonstandard, doubtful, bad) are regulated …

Read More »

VTB Bank’s Fast Loan for 260% Interest Rate

VTB Bank’s Fast Loan for 260% Interest Rate

VTB Bank’s Online Credit Offers One of the Most Expensive Credit Products on the Market. High interest rates on online credit products have shadowed expensive loan products of commercial banks. However, commercial banks have not cheapened their credit products anyway. It should be noted commercial banks also issue the so-called …

Read More »

VTB Bank Announced About the New Loan Offer

VTB Bank has announced about new loan offer – “Find a Home”. The mortgage loan is worked out with the bank’s partner construction companies, which number exceeds 35 and the offer is suited to all types of customers. Interested entities will get detailed news in special zone of three branches of …

Read More »

VTB Bank Announced About the General Sponsorship of National Football Team

VTB Bank Announced About the General Sponsorship of National Football Team

VTB Bank has become the general sponsor of National Football Team. Memorandum is already signed between the bank and Georgian Football Federation. According to it,  the bank becomes the general sponsor of National Football Team. The signed agreement envisages two-year sponsorship. Besides the fixed amount, the contract provides result-oriented additional sum, …

Read More »

Russia’s VTB Posts August Net Profit, Narrowing Year-to-Date Loss

VTB Bank, Russia’s second-largest lender, remained profitable in August thanks to a higher net interest margin, the bank said Monday. VTB said its net profit for August was 0.4 billion rubles ($6.1 million), which helped lower its year-to-date losses to 14.6 billion rubles. In August last year, when the ruble …

Read More »