Corporate Communications

Hong Kong Securities and Futures Commission has issued VTB Capital Hong Kong Limited with a license with effect from 30 June 2011

6 July 2011
Hong Kong Securities and Futures Commission issued VTB Capital Hong Kong Limited with a license with effect from 30 June 2011 to execute investment banking services. Type 1 and 4 licenses permit VTB Capital Hong Kong Lim ited to undertake dealing and advising on securities activities. 

Obtaining licenses will assist VTB Capital strengthen its footprint in Asia and to facilitate deal flow for Russian clients and provide access to the Chinese market. 

Alexey Yakovitsky, Global CEO, VTB Capital, said: “Asia is a strategic market for VTB Capital. There is a huge potential for Russian companies interested to attract funds from local equity and debt capital markets”. 

Atanas Bostandjiev, CEO, UK and International, VTB Capital plc, said: “We look forward to continuing our ambitious strategy for expansion in Asia by building on the success of our office in Singapore and establishing a presence in Hong Kong. We will therefore be focusing on two of the major financial centers in the Asia-Pacific region”.



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