OREANDA-NEWS. October 31, 2012. VTB Bank has for many years been an active member of both Russian and international markets for precious metals. The bank carries out a whole range of bullion operations, including physical precious metals operations, as well as trading gold and silver on unallocated basis, reported the press-centre of VTB Bank.

As of late September, VTB’s precious metal trading stood at 39.5 tonnes of gold and over 200 tonnes of silver, up 30% as compared with the first nine months of 2011.

First Deputy President and Chairman of the Management Board at VTB Bank Yuri Soloviev said: “VTB’s membership in the Association provides us with direct access to several promising markets, particularly in Asia. Our membership will allow us to further diversify our customer base and markets”.