Corporate Communications

VTB Capital maintains top spot in the Foreign Exchange market in Russia

11 November 2014

For the fourth consecutive year VTB Capital has been named the ‘Best Foreign Exchange Provider in Russia’ by Global Finance magazine in their annual international awards.

During the World's Best Foreign Exchange Providers 2015 competition, Global Finance editors, together with industry analysts, corporate executives and independent experts selected the best currency trading providers in 99 countries worldwide. VTB Capital was ranked top among Russian financial institutions in terms of transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.

Since its foundation in 2008, VTB Capital has been the leader in the FX market in Russia and other CIS countries, as well as in European and emerging Asian markets. The company has carried out a number of operations with different currencies in the spot and derivative markets for both large institutional investors, as well as for local mid-cap companies. VTB Capital is an active participant in the foreign exchange market in China, offering a variety of products using the Yuan currency.

Alexei Ivanov, Head of Fixed Income Trading at VTB Capital, said: "Providing foreign exchange transactions is one of our key business areas. We work closely with customers worldwide while constantly expanding our product range and improving the quality of our services. The team at VTB Capital has considerable experience in this area and is able to quickly implement complex tasks to provide the best service for our customers. Today, VTB Capital is the undisputed leader of the Russian FX transactions market. Our work is regularly recognised by the professional community, including on an international level with our recent nomination by Global Finance magazine.”

Global Finance magazine has been published in the United States since 1987 and is currently published in 163 countries with a circulation of over 50,000 copies.

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