The VTB Bank supervisory council decided to increase the share capital of VTB Insurance by 1.96bn rub., as it was informed.
VTB Bank (TIN 7702070139) is ranked as the second bank in Russia by the assets volume. The network of the Group in June 2010 covered 935 offices in Russia, CIS and Europe including 480 offices of VTB-24.
The Group keeps 12 subs in CIS (Armenia, Belarus, Kazakhstan, Azerbaidjan, Ukraine); in Europe (Austria, Cyprus, Germany, France, Great Britain); in Georgia, Africa (Angola) and representations in Italy, China, and Kirgizia.
The 2011-net profit (IAS) reached record highs at 90.5bn rub. due to 65.1% in rise against prior year; capital return being equal to 15% vs. 10.3% in 2010; operating revenues gained 286.6bn rub. (29.6% in growth); net interest reached 247.2bn rub. (44.6% in rise).
The 9-month 2012 net profit (IAS) declined 17.1% to 60.2bn rub.
The 2012 net profit (RAS) gained 21.561bn rub. due to 2.37% in rise against prior year figures.