VTB Capital and BTG Pactual announce a strategic cooperation agreement

22 June 2012
VTB Capital and BTG Pactual have today announced that they have established a strategic cooperation agreement to explore opportunities between Russia and Latin America.

This cooperation agreement demonstrates the growing importance and strength of regional emerging market banks, and will allow VTB Capital and BTG Pactual to expand and establish a long-term presence in two of the world’s most promising regions.

Alexei Yakovitsky, Global CEO of VTB Capital, said: “BTG Pactual is the leading investment bank in Brazil and growing throughout Latin America, and we believe it has a huge potential for further growth. This cooperation is also an important milestone in extending VTB Capital’s business internationally, especially in emerging markets”.
"VTB Capital is the leading investment bank in Russia and we are pleased to be working together to explore the growing trade and business links between Latin America and Russia. This agreement will allow us to offer our clients differentiated investment banking and asset management opportunities", said André Esteves, CEO of BTG Pactual.

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Natalia Cherepova
Corporate Communications VTB Capital