Corporate Communications

VTB Capital begins publication of research in Russian

20 January 2009

VTB Capital is pleased to announce that it has now launched its daily research on the Russian market in Russian. The bank has been sending out its English-language analysis since August 2008, having been able to set up and launch this research product within a mere three months of VTB Capital’s inauguration. To date, the Research Department has published more than 250 separate reports.

As of January 2009, the company’s clients can now receive Russian-language analysis on a daily basis. This includes information about Russian companies and industry sectors, data on key market indicators and recommendations, as well as comments on the most important events in the Russian economy and international capital markets. VTB Capital is thus able to meet the demands of both its Russian and international clients, and make it more convenient for them to gain access to its analysts’ expertise.

Alexey Yakovitsky, Global Head of Research and Co-Head of Equity Trading, VTB Capital, said: “Developing and reinforcing the Research Department is one of the most important commitments which VTB Capital made. This is certainly the key objective for our investment business, since it will allow us to develop as a market leader. The short timeframe within which we were able to build up a professional team and start producing research in English was unprecedented. Now we also provide research publications in Russian. These will be judged on their merits by our Russian-speaking clients, who want to receive high-quality research in their own language.”

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VTB Capital ( - the Investment Business of VTB Group – has headquarters in Moscow and offices in London and Singapore. It focuses on arranging operations in the debt, equity, global commodities and foreign exchange markets, developing private investments, real estate and asset management, advising clients on M&A and ECM deals in Russia and abroad. We aim to provide our clients with products and services of the highest quality and to find new solutions corresponding to substandard terms of contemporary market.

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