OREANDA-NEWS. July 29, 2015. VTB Bank Belgrade, a member of VTB Group, has completed a EUR 7 million share capital increase.

The bank’s share capital now amounts to EUR 26.4 million, and its capital adequacy ratio is 23.11 percent.

“VTB Bank Belgrade aims to be the number one bank for Russian companies in Serbia, and for Serbian companies that want to export to Russia or other markets where VTB Group has subsidiaries,” said Markus Ferstl, Chairman of the Executive Board.