VTB increased the sale of collateral cars by 2 times

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AK&M 28 October 2026 15:19

The demand of Russians for collateral cars sold by VTB increased by 2 times in the first 9 months of 2026 compared to the same period in 2025. This is stated in the message of the bank.

The average price of cars sold ranged from 0.5 to 1 million rubles, accounting for 38% of transactions in this range. 27% of cars were sold for less than 500 thousand rubles, 19% — in the range from 1 to 1.5 million rubles and 11% — from 1.5 to 2 million rubles.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.

VTB Group's net profit under IFRS for the first half of 2026 amounted to 225.2 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.