VTB 24 retired bond issue 2 in the amount of RUB 10 billion, the bank informed.
The issue placed on February 12, 2008 consisted of 10 million securities at par value of RUB 1,000. It was assigned state registration number 40201623B. The issue assumed six-month coupons. The bond maturity term was 5 years.
CJSC VTB 24 (tax number: 7710353606) is a subsidiary bank of OJSC VTB focusing on providing services to physical persons, individual businessmen and small businesses. VTB 24 is among 30 largest banks of the Russian Federation. The bank is wholly owned by OJSC VTB Bank. The bank's authorized capital is RUB 50.7 billion, equity capital totals RUB 154 billion. The bank is operating over 690 outlets in 69 regions of Russia.
Net profit (RAS) of VTB 24 for 2012 was RUB 36.953 billion increasing by 27.9% year-on-year.