Corporate Communications

VTB Capital Hosts “Spring on the FX Market” Seminar

24 March 2010

The seminar became a key event in the foreign exchange market and drew the attention of over 50 major Russian corporate clients, such as Lukoil, Gazprom, TNK-BP, Siberian Coal Energy Co, TMK, Vympelcom, Megafon, MTS, Russian Railways, X5 Retail, NLMK, Severstal and others.

The seminar featured discussions on the future of the Russian economy, the country’s fiscal balance and the state of the Ruble. A presentation by Aleksandra Evtifyeva, Senior Economist at VTB Capital, was followed by a current market overview. Mikhail Anisimov, Head of Foreign Exchange at VTB Capital and Igor Golutvin, Head of Local Markets derivatives at VTB Capital, told the participants about FX market current situation, rates, risk-management in corporations, FX market strategies, etc. The event closed with a productive Q&A session.

Andrei Yumatov, Deputy Head of FI at VTB Capital, said: “We think that seminars such as this are essential for the market, they touch all the topical issues. Russian companies are definitely interested in expert opinions from economists and traders working for a leading Russian investment company, and we are interested in learning more about our clients’ needs. We are looking forward to continuing these forums on a regular basis”.

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Natalia Cherepova

VTB Capital

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