OREANDA-NEWS. March 04, 2013. VTB stock was upgraded to Quote List A, 1st level (A1 MICEX) on the Moscow Exchange.

A1 is the top level quotation list on MICEX. The stock included in this list is eligible for pension investments from the Russian Pension Fund managed by an asset management company as well as investments from non-state pension funds.

VTB shares have been traded on the MICEX stock market since 2007.

“The A1 listing will significantly expand VTB’s investor base,” President and Chairman of the VTB Management Board Andrey Kostin said. “Investments from Russian non-state pension funds, asset management companies working with the Russian Pension Fund, and other major investors should certainly increase VTB Bank’s capitalisation.”

“Improving our listing procedures has produced the first results,” said Alexander Afanasyev, Chief Executive Officer at MICEX. “High quality issuers like VTB entering top quote lists significantly expands the opportunities of all investors.”