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Bank VTB (Russian: ОАО "Банк ВТБ"), former Vneshtorgbank, is one of the leading universal banks of Russia and the largest in terms of authorized capital.

As of December 31, 2005 according to IFRS (consolidated), its shareholders equity totaled $5.3 billion.

As of April 10, 2007, the bank reported assets of $52 billion, up from $36.7 billion in December 2005. It earned a profit of $1.17 billion in the fiscal year 2006.

The bank holds a 5% stake in the European Aeronautic Defence and Space Company, which it purchased for $1 billion in 2006.

Privatization: Until January 2007, the Russian government helds 99.9% stake in VTB. Thereupon, at the World Economic Forum in Davos, its CEO announced that the government would retain a 50% + 1 share and privatize the rest of company shares.

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