VTB Leasing Today

VTB Leasing is the leader of the leasing services market and enjoys a robust competitive position in the main segments of the market.

VTB Leasing was established in June 2002. The sole shareholder of VTB Leasing is JSC Bank VTB. Charter capital of VTB Leasing is 14.8 billion rubles.

Consolidated leasing portfolio (total amount of clients’ liabilities under the leasing contracts less amounts of leasing payments already made) including transactions of OJSC VTB Leasing and its subsidiary companies at year-end 2009 stood at 155.1 billion rubles.

As of the year-end 2009 the key sectors in the leasing portfolio include:

• railway transportation – 51.0% of total (79.1 billion rubles);
• aircraft – 28.2% of total (43.7 billion rubles);
• power generation and distribution and machine-building equipment – 8.9% of total (13.8 billion rubles).

In 2009 VTB Leasing demonstrated its reliability and financial stability by fully meeting its commitments to counterparties and by continuing development of its operations in the key segments of the leasing market.

The volume of new leasing business in 2009 was 27.8 billion rubles. The amount of leasing payments received in 2009 was 22.4 billion rubles.

In the course of 2009 VTB Leasing started offering its clients operating leasing arrangements. Total volume of leasing payment obligations for operating leasing transactions at the end of 2009 was 2.6 billion rubles.

VTB Leasing presently has regional offices in Russian Federation and subsidiary companies in CIS countries (Ukraine, Belarus and Armenia) and countries of Europe (Cyprus and Ireland); VTB Leasing is also one of the leading Russian leasing companies offering a broad range of leasing services and performing its activities both in Russia and abroad.

VTB Leasing has the following competitive advantages:

• reliability and stability, guaranteed by the Company’s sole shareholder;
• capacity to execute projects of any scale including those covering the whole territory of Russia via leveraging of the branch network of VTB Group banks;
• capabilities to enter into leasing transactions with foreign counterparties (international leasing);
• execution of long-term projects on mutually beneficial terms;
• openness and transparency of the leasing business;
• maximum focus on and proximity to the client’s needs;
• high-grade business reputation and professional team of executives and employees of the Company.

Based on 2009 results VTB Leasing retains leadership positions among all leasing companies in Russian Federation by volume of leasing portfolio. The Company is also Russia’s #1 by amount leasing payments received in 2008. By volume of new business and amount of leasing deals financed VTB Leasing is among Russia’s top 3 leasing companies.

Based on 2009 results the Company enjoys key positions in the segments of railway equipment (rolling stock) leasing, leasing of equipment for oil production and processing, construction equipment, sea vessels, aircraft and passenger vehicles.

Expert RA rating agency recognized VTB Leasing as the best leasing company in Russia in the following nominations: «Leader of the aircraft leasing segment – 2009» and «Leader in the rolling stock leasing segment- 2009».

VTB Leasing is listed as #1 in Russian list of top 10 largest leasing companies as compiled by Expert RA agency and Leasing Review industry publication.