VTB Capital leads Thomson Reuters 1H 2015 investment banking league tables for Russia with record market share

13 July 2015
VTB Capital was confirmed as number one in the Thomson Reuters Russian investment banking league tables for 1H 2015. The bank took first place in both the ECM and DCM league tables by a substantial margin. Using their independent assessment of the market Thomson Reuters found that VTB Capital has significantly increased its market share of the investment banking market in Russia (ECM and DCM) to a record high level of 32.5%, up from 14.48% in 2014.

In DCM VTB Capital topped the Thomson Reuters rankings based on the volume of transactions for Russian issuers with more than four times the volume recorded by the #2 bank. Through 1H 2015, the company arranged 21 transactions for a total of US $7.059 billion. VTB Capital's share of the market by volume increased from 23.59% in 2014 to 62.9% in 1H 2015, a new record.

VTB Capital also ranked first in ECM in Russia having arranged four transactions in the first six months of 2015 and being credited with having raised a total of US $481 million of equity for Russian issuers. VTB Capital took a record 51.6% of the market by volume compared with 19.09% in 2014.

Riccardo Orcel, Deputy CEO of VTB Group and Head of Global Banking at VTB Capital, commented: "Despite the slow market conditions experienced in Russian investment banking during 1H 2015, VTB Capital’s focus on supporting clients through both good and challenging times saw us excel across the business that did get done and allowed us to take market share from both international banks and other Russian banks. We have also continued to develop our business beyond Russia and 1H 2015 saw us engaged in M&A transactions in a number of countries including China, India, Kazakhstan, Turkey and Nigeria while in DCM we led international deals for issuers in Croatia, Azerbaijan and China. VTB Capital's market share in the main areas of investment banking in 2015 has increased significantly and we continue to actively pursue new opportunities. In particular, we have made strong progress in the Chinese market, where we have implemented a number of transactions, and are currently taking part in two cross-border M&A transactions. The Thomson Reuters results are a great acknowledgment of our achievements and reflect our desire to be the partner of choice in global banking”.

VTB Capital has previously named Best Investment Bank in Russia by Euromoney Awards for Excellence 2015. VTB Capital has won the EMEA Finance Europe Banking Award for Best Local Investment Bank in Russia for 2014. In 2015 bne IntelliNews named VTB Capital the Best Bank for Debt Capital Markets in CEE and CIS. VTB Capital’s research team has been ranked number one by the Extel Survey 2015. According to the Extel Survey 2015 VTB Capital was also named ‘Best Equity Sales Firm in Russia’ and ‘Best Brokerage Firm in Russia’.

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Head of Press
Natalia Cherepova
Corporate Communications VTB Capital