OREANDA-NEWS. On November 25, 2008 VTB delegation headed by Andrei Kostin, President and Chairman of the Management Board, arrived in the Republic of North Ossetia – Alania (North Ossetia). The visit was timed to coincide with the launch of VTB Group operations in Vladikavkaz, reported the press-centre of VTB Bank.

Early in November 2008, the Group simultaneously opened two outlets in the city: VTB Bank operational office specializing in large and medium-sized corporate banking, and VTB24 operational office offering services to individuals and small enterprises.

During the visit, Andrei Kostin was received by Taymuraz Mamsurov, head of the Republic. The meeting covered a wide range of issues related to extension of the Bank’s financing to the Republic, large-scale infrastructure projects implemented in North Ossetia, and possibilities of further development and strengthening of partnership between VTB and the Government of the Republic.

VTB has been efficiently cooperating with North Ossetia since 2007, developing mutually rewarding long-term relations with its leading enterprises. In order to increase the number of financial and banking services offered to industrial companies and households of the region, VTB’s management decided to expand VTB Group presence in the Republic.

 Today, both corporates and individuals of the Republic may enjoy a full range of high technology and top quality financial services based on the vast real-life experience of one of the largest banks in the country.

VTB’s customers have access to all banking services accepted in the international practice: opening and handling of ruble and foreign currency accounts, international and domestic settlements, forex transactions, precious metals transactions, renting of safe deposit boxes, securities transactions, issuance and operation of international bank cards, etc.