VTB Africa Bank, as an effective and active member of the
internationally renowned VTB Group, has the Mission of
helping people to make their plans a reality, by creating the
best financial solutions.
We are a team of professionals, working for the benefit of
our customers and the country as a whole.
VTB Africa Bank’s Vision, is to operate as a universal
financial group that is developing both dynamically and
sustainably, one that is focused on being the first-choice
financial partner for its customers, and which provides the
most convenient and cutting edge solutions to their needs.
VTB Africa Bank’s Values are one of the most important
aspects of our professional lives and we live by the following
standards:
We value our customers:
- We put our customer needs first.
- We trust our customers and strive to earn their trust.
- We listen to our customers and act upon their feedback.
We work as a team:
- We respect and trust each other.
- We support each other and help our colleagues grow.
- We achieve common goals.
- We are responsible for our results.
- We are result, not process-oriented.
- Each of us is responsible for our contribution
to the common goals.
- We openly discuss our successes and failures.
We are proactive:
- We are not indifferent to what we are doing.
- We contribute proactively when dealing with
shared tasks.
- We go beyond our formal duties.
We continuously improve our performance:
- We are open to change.
- We start change with ourselves.
- We have no fear to experiment.
VTB Africa Bank is an institution under Angolan
law, having started its activity in the year 2006. The
main shareholder of VTB Africa Bank is VTB
Moscow, which is the second largest bank in Russia. The
Bank’s strong International connection enables to maintain
high levels of governance combined with a strong
compliance structure. The group has a presence in more than
20 countries and is a strong player in the investment banking
sector. In 2011, VTB Capital received more than 15
international distinctions including Best Investment Bank in
Russia by Global Finance and by World Finance.
VTB África is a commercial bank with three specific areas
of activity viz: Investment Banking, Corporate and Retail.
The retail sector aims to serve only employees of companies,
who in turn are the customers. The distribution network is
aimed at the business market [commercial] and has resulted
in a single branch in Luanda. VTB maintains close contact
with the clients and prefers personal meetings with clients
that has always helped in establishing strong relationships.
VTB Africa has devoted qualified executives for
personalised services to support the customers’ day to day
Banking activities.
VTB Presence in Africa
- VTB Africa has been operating for 15 years in Angola,
focusing n the business sector and investment banking and
we are proud of representing the front end coverage desk of
VTB Capital, in Angola
- The Bank focused on the corporate segment providing it’s
customers mainly with services related to export and
import and we support 40% of the basic basket importers in
the country as well as we also strongly finance Industrial
and Agricultural production, always with high liquidity
and ensuring execution times, which place us as one of the
best references in the market, in the provision of this type of
services.
- Banco VTB Africa has a total of average assets of around
441.489 thousand USD and a total of equity in the amount
of 43.942 thousand USD with a solvency ratio greater than
25%
- VTB Africa’s majority shareholder is Bank VTB Moscow
with a 50.1% shareholding and has guided its commercial
activity with the utmost rigor of the best International
practices with regard to internal control, Foreign Exchange
and Compliance rules, and its banking activity is audited by
companies of International reference, guaranteeing the
utmost rigor in compliance with the rues governing
banking activity
VTB Africa Bankis proud to belong to VTB Group, which is a
globally versatile and renowned Banking Group that has in its
stride many activities to enable its Diamond Sector Clients to
avail its diversified services, including issues arising out of
Foreign Exchange transactions related to current FX and Trading
operations, investment and capital movements transactions, such
as credits, dividends, payments and others. One of the most
important strengths that VTB Africa Bank has is our capacity to
assure the execution of all international settlements, through the
corresponding Banks network of VTB Group. It means that the execution of all international settlements of VTB Africa are
guaranteed by mother and sister Banks of the Group, with strong
KYC and Compliance procedures. VTB Africa, as a front desk
Bank of the Investment Banking Institution of the Group - VTB
Capital, can propose all choice set of specific investment
banking services, credit and derivative products and solutions, as
well as the expertise and advisory services for Mining and
Diamond companies having the intention to work and invest in
the Angolan Mining Sector.
Additionally and with regard to our positioning in the
Angolan market, we can affirm that we are the reference
Financial Institution, for the Angolan mining sector,
namely in the Diamond sector, having as partners the
main state and private companies that operate in the area,
in total of 26 companies, promoting full satisfaction of the
main banking needs of these same companies, as well as
that of their employees, whether Angolan Nationals or
expatriates.