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VTB Bank JSC (Bash ofis) (Baku)

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  • VTB Bank (Azerbaijan) is a universal commercial bank operating in the Republic of Azerbaijan. It offers a wide range of financial services for both individuals and businesses, including loans, deposits, cash management, currency exchange, and other banking products.

    History:

    The bank was established in 2009 on the basis of OJSC "AF Bank", which had been operating since 2003. In 2018, PJSC VTB Bank (Russia) increased its stake in VTB Azerbaijan to 99.99%. The remaining 0.01% is held by Adigezal Aghayev, Chairman of the Management Board of AtaHolding. 

    Team:

    Supervisory Board: · Chairman: Bortnikov Denis Aleksandrovich 

    Deputy Chairman: Tsaryov Sergey Vladimirovich

    Board Members: Dyachenko Andrey Nikolaevich, Gafarov Ilham (independent board member)  

    Executive Committee: Chairman of the Board: Okaev Igor Anatolyevich

    Board Members:

    Klimenko Vadim Aleksandrovich – Director of the Risk and Monitoring Department

    Guseynov Tural Jamaleddin oglu – Director of the Corporate Business Department 

    Polyakov Ivan Nikolaevich – Director of the Finance Department  

  • Here are the main products and services offered by VTB Bank (Azerbaijan):

    · Loans: Business loans, auto loans, mortgages, including preferential programs in cooperation with the government.

    · Deposits: Various deposit options for individuals and legal entities.

    · Cash and settlement services: Opening and maintaining accounts in AZN and foreign currencies, overdrafts, and currency control.

    · Currency operations: Exchange, money transfers, and conversion.

    · Cards: Credit and debit cards, including ruble cards for convenient travel to Russia.

    · Corporate services: Financing of large projects and comprehensive business banking.

  • VTB Bank (Azerbaijan) Investment Focus Areas

    1. Support for Small and Medium Enterprises (SMEs)
    The bank provides financial assistance to SMEs by offering loans for business expansion, equipment purchases, and asset upgrades. This includes financing for real estate, vehicles, specialized machinery, and development of new business lines.

    2. Infrastructure Projects
    VTB actively participates in infrastructure development, such as enhancing transport corridors. The bank views Azerbaijan as a strategic hub in the North-South International Transport Corridor, helping strengthen logistics ties and boost the country’s transit potential.

    3. Digitalization and Technological Advancement
    The bank invests in digital transformation by introducing new technologies and expanding digital financial services. This includes developing secure, user-friendly online banking platforms and mobile apps to improve customer experience and accessibility.

    4. Alignment with National Strategic Priorities
    VTB (Azerbaijan)'s strategy aligns with government goals, particularly economic diversification and the development of non-oil sectors. The bank supports initiatives in agriculture, transport, and other key industries, contributing to the country's sustainable economic growth.

  • VTB Bank (Azerbaijan) – Corporate Social Responsibility (CSR) Activities

    · Support for Education: Funds programs for students and youth, organizes training sessions and workshops.

    · Charity Work: Provides aid to those in need and takes part in social and charitable initiatives.

    · Support for Veterans and Families of the Fallen: Hosts events and offers financial assistance to the families of veterans and fallen service members.

    · Environmental Initiatives: Participates in projects focused on environmental protection and sustainable resource use.

    · Corporate Volunteering: Bank employees engage in community service and volunteer activities.

  • Cultural Support: VTB (Azerbaijan) sponsored a memorial concert dedicated to Vladimir Vysotsky and the anniversary concert of Vagif Mustafazadeh.

    Sports Events: The bank became the official partner of the first-ever national drift championship and supported International Jazz Day in Baku.

    Support for Small Business: VTB (Azerbaijan) eliminated fees on microbusiness loans to encourage entrepreneurship.

    Digital Service Expansion: The bank joined the AniPay instant transfer system, enhancing online payment capabilities.

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VTB Bank JSC, headquartered in Moscow, is a leading financial institution in Russia, offering a comprehensive range of banking services to corporate and individual clients. As a key player in the financial sector, VTB Bank provides innovative solutions tailored to meet diverse financial needs, including loans, deposits, asset management, and investment services. With a robust network of branches and ATMs across the country, VTB Bank is committed to delivering exceptional customer service and fostering growth through sustainable financial practices. Discover reliable and efficient banking solutions with VTB Bank, your trusted partner in financial success.