OREANDA-NEWS. May 4, 2007. In 2007, Global Finance magazine nominated VTB the Best Domestic Bank and the Best Commercial Bank. Leadership positions won by VTB Group within the Russian banking sector both in terms of corporate, investment and retail banking are identified by such reputable publication for the third year in succession.

The winner was determined based on a comprehensive survey where top research analysts, banking consultants took part and on data supplied by end users, corporate reporting and other competent sources. Criteria for the winners included, inter alia, growth in assets, profitability, geographic reach, strategic relationships, new business development, customer service quality and product innovation.

Global Finance has 50,000 subscribers and over 250,000 readers in more than 158 countries. Appearing on its pages are chief executive officers, presidents, financial directors, treasurers and other professionals involved in investment and strategic business decision-making for global companies and financial institutions. This year, Global Finance marks its 20th anniversary.

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In 2006, Global Finance magazine identified VTB as the Best Commercial Bank in Russia and the Best Russian Bank in Underwriting, while in 2005, VTB was the Best Commercial Bank in Russia and the Best Russian Bank in Trade Finance.