VTB Bank JSC (Bash ofis) (Baku)
11 (104 meters (distance in meters))
13, Ekspres M9, Ekspres M9 (201 meters (distance in meters))
199 (414 meters (distance in meters))
1, H1, Ekspres M3, 2, Ekspres E1 (458 meters (distance in meters))
5 (496 meters (distance in meters))
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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
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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.
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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.
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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.