DOCSLIB.ORG

Spreads VTB Annual Report 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Spreads VTB Annual Report 2020 ANNUAL REPORT 2020 The Annual Report was approved by VTB Bank’s Annual General Meeting of Shareholders (Minutes No 56 as of 1 July 2021). Contents Hello. VTB Group Today Sustainable Development 200 Mission and Values 3 Personnel 201 VTB Group in the Financial Services Market 4 Responsible Resource Management 204 Is this VTB Bank? Key Financial Highlights 10 Social Projects 207 Statement of the Chairman of the Supervisory Council 12 Financial Statements 214 Responsibility Statement 214 Yes Financial Statements under IFRS 215 Statement of the President and Chairman of the Management Board 14 Annexes 226 Share Capital 226 Dividends 228 VTB Group outstanding Public Debt Management Report 22 and Hybrid Capital Instruments 230 Report on Compliance with Today I would like the Principles and Recommendations Russian Economy and Banking Sector 22 of the Corporate Governance Code 231 2020 Key Events 26 Bank’s Details and Contacts 254 Response of VTB to the COVID-19 pandemic 34 Strategy 40 to discover new Results Overview 52 • Financial Review 52 • Corporate-Investment Business 61 • Medium and Small Business 80 • Retail Business 90 Risk Management 106 opportunities Digital Transformation 124 Corporate Governance 132 Overview of the Corporate Governance System 132 General Meeting of Shareholders 138 Supervisory Council 142 Of course! Management Board 170 Control and Audit 179 Investor Relations 186 Disclosure Policy 198 INTERACTIVE ANNUAL CONNECTING REPORT 2020 YOU NOW VTB Group Today Management Report Corporate Governance Sustainable Development Financial Statements Annexes VTBVTB GROUP GROUP TODAY TODAY Values We value our customers We put our customers’ needs first. MISSION We trust our customers and strive to earn their trust. We listen to our customers and act upon their feedback. WE HELP PEOPLE TO MAKE THEIR PLANS A REALITY BY CREATING THE BEST FINANCIAL SOLUTIONS. WE ARE A TEAM OF PROFESSIONALS WORKING FOR OUR CLIENTS AND FOR THE ENTIRE COUNTRY. We work as a team We respect and trust each other. We support each other and help our colleagues grow. We achieve common goals. IDENTITYIDENTITY We are responsible for our results We are focused on the result, not the process. VTB GROUP IS THE LEADING RUSSIAN FINANCIAL INSTITUTION WITH A STRONG Each of us is responsible for our contribution to the achievement PRESENCE IN KEY INTERNATIONAL MARKETS. of common goals. We openly discuss our successes and failures. We are proactive We are passionate about what we do. We are proactive in addressing common challenges. We go beyond formal duties. VISION VISION We are constantly improving our performance A UNIVERSAL FINANCIAL GROUP THAT IS DEVELOPING BOTH DYNAMICALLY AND SUSTAINABLY, ONE THAT IS FOCUSED ON BEING THE FIRST-CHOICE FINANCIAL PARTNER We are open to change. FOR ITS CUSTOMERS AND THAT PROVIDES THE MOST CONVENIENT AND CUTTING-EDGE We start by changing ourselves. SOLUTIONS TO MEET THEIR NEEDS. We are not afraid to experiment. 2 Annual Report ‘20 //vtb.com 3 VTB Group Today Management Report Corporate Governance Sustainable Development Financial Statements Annexes VTBVTB GROUP GROUP IN THE FINANCIAL IN THE FINANCIAL SERVICESSERVICES MARKET 2020 MARKET 2020 Market shares of VTB Group in Russia VTB Bank’s credit as at 31 December 2020, % ratings RETAIL BUSINESS 19.2% Loans 18 1.5 23.0% Mortgages countries thousand 14.8% Deposits VTB Group worldwide Branches in Russia ruAAA 15 336 million thousand CORPORATE BUSINESS Clients in Russia Retail shareholders 17.2% Loans 19.8% Deposits BBB– 17 79 thousand thousand ATMs in Russia Employees INVESTMENT BUSINESS 33.0% DCM 22.3% ECM 13.2% M&A №.1 №.1 Вaa3 Best investment bank Best bank of 2020 in Russia in the emerging markets according to The Banker according to Global Finance 4 Annual Report ‘20 //vtb.com 5 VTB Group Today Management Report Corporate Governance Sustainable Development Financial Statements Annexes VTB GROUP’S VTB GROUP’S STRUCTURE PRESENCE VTB GROUP INCLUDES RUSSIAN AND FOREIGN COMMERCIAL BANKS AS WELL AS FINANCIAL COMPANIES. VTB GROUP VTB GROUP’S GLOBAL NETWORK VTB BANK IS STRUCTURED AS A HOLDING COMPANY, WHICH ENVISAGES IS UNIQUE TO THE RUSSIAN A UNIFIED STRATEGY FOR THE DEVELOPMENT OF GROUP BANKING INDUSTRY COMPANIES, A SINGLE BRAND, CENTRALISED FINANCIAL MANAGEMENT AND RISK MANAGEMENT AND UNIFIED Group companies provide services CONTROL SYSTEMS. in the CIS, Europe and Asia, enabling the Group to facilitate West Siberian Commercial VTB Capital Holding VTB Factoring international partnerships and Bank promote Russian companies aiming to engage with global VTB Pension Fund In Russia, the Group performs banking operations through a parent markets. The Group’s international Sarovbusinessbank VTB Forex company (VTB Bank) and a number of subsidiary banks – Vozrozhdenie operations enable diversification Bank, West Siberian Commercial Bank, Sarovbusinessbank – as well and increased profitability from as through the Post Bank joint venture. its transactions in high-margin VTB Pension administrator markets. Vozrozhdenie Bank VTB Real Estate As of the end of 2020, the Group’s banking and investment banking business was present in 18 countries around the world. Outside Russia, the Group operates through subsidiary banks located in Germany, VTB Specialised Depository the United Kingdom, Georgia, Armenia, Belarus, Kazakhstan, BM-Bank VTB DC Azerbaijan and Angola and through representative offices located in Italy and China, as well as VTB branches in China and India, a branch of VTB Bank (Europe) in Austria and a branch of VTB Capital in Singapore. The Group’s investment banking division conducts VTB Bank (Belarus) Business-Finance VTB Registrar operations with securities and provides financial advisory services in Hong Kong, while also conducting investment banking services in Bulgaria and offering commodities financing in Switzerland. VTB Bank (Armenia) VTB-Leasing The Group operates in all major segments of the financial market. Corporate-Investment Business, Medium and Small Business and Retail Business are the Group’s global business lines, which specialise in servicing various client segments. VTB Bank (Kazakhstan) VTB Bank (Azerbaijan) VTB Bank (Georgia) Banco VTB Africa VTB Bank (Europe) AS OF THE END OF 2020, THE GROUP’S BANKING AND INVESTMENT BANKING BUSINESS WAS PRESENT IN 18 COUNTRIES 6 Annual Report ‘20 //vtb.com 7 VTB Group Today Management Report Corporate Governance Sustainable Development Financial Statements Annexes OWNERSHIP STRUCTURE LISTINGS December 2020 STRUCTURE OF EQUITY CAPITAL, % STRUCTURE OF VOTING RIGHTS, % 5.4 12.1 Ordinary shares 7.8 ISIN VTB Bank shares are included in State-owned 33.7 Free float 47.2 Moscow Exchange’s Level 1 list and RU000A0JP5V6 are included in the Moscow Exchange 92.2 39.1 Index and the RTS Index, as well as the Moscow Exchange Index (evening LEI trading session), the Subindex, the Broad Market Index, the Responsibility 32.9 60.9 253400V1H6ART1UQ0N98 and Transparency Index, the Sustainability Vector Index, the Finance Index, the RTS Finance Index and the RTS Broad Market Index. Ordinary shares (held by Federal Agency Federal Agency for State Property Management) for State Property Management Ordinary shares are also included in the Ordinary shares in free float Institutional investors international MSCI Russia Index and Type 1 preference shares (held by Ministry Retail investors the MSCI EM Index. of Finance of the Russian Federation) Type 2 preference shares (held by State Corporation Deposit Insurance Agency) GEOGRAPHICAL DISTRIBUTION OF INVESTORS REGIONAL DISTRIBUTION (% OF SHARES IN FREE FLOAT), % (% OF THE TOTAL NUMBER OF RETAIL INVESTORS), % Global depositary receipts (GDRs) 15.0 16.8 LEI Each GDR is equivalent to 2 thousand VTB ordinary shares. 253400V1H6ART1UQ0N98 8.0 VTB Bank’s GDRs are included 41.4 Programme 144-A in the FTSE All-World Index, FTSE EMEA Index and MVIS Russia Index. ISIN 7.7 65.7 US46630Q1031 1.7 43.6 Programme Reg-S ISIN Retail shareholders Moscow US46630Q2021 Russian investors Moscow region International investors Saint-Petersburg Leningrad region Other regions 8 Annual Report ‘20 //vtb.com 9 VTB Group Today Management Report Corporate Governance Sustainable Development Financial Statements Annexes KEY FINANCIAL HIGHLIGHTS TOTAL ASSETS, RUB BILLION CUSTOMER LOANS, RUB BILLION NET PROFIT1, RUB BILLION COMPONENTS OF NET PROFIT FOR 2020, RUB BILLION YoY +44% +17% +39% +15% -63% Compared Compared Compared Compared Compared with 2016 with 2019 with 2016 with 2019 Net interest income with 2019 531.7 21% Соmparable perimeter2 31.12.2020 68% 32% 18,142 31.12.2020 71% 29% 13,163 2020 75.3 Net fee and commission income 136.8 13% 31.12.2019 69% 31% 15,516 31.12.2019 71% 29% 11,462 2019 201.2 Other income (expense) -59.1 223% Net operating income 31.12.2018 72% 28% 14,761 31.12.2018 74% 26% 11,424 2018 178.2 609.4 0,2% 01.01.2018 70% 30% 12,940 01.01.2018 74% 26% 9,841 2018 178.8 Provision charge -249.8 142% POST-IFRS 9 POST-IFRS 9 Staff costs and PRE-IFRS 9 PRE-IFRS 9 2017 120.1 administrative -269.9 6% expenses 31.12.2017 70% 30% 13,009 31.12.2017 75% 25% 9,773 2016 51.6 Income tax -14.4 72% 31.12.2016 70% 30% 12,588 31.12.2016 77% 23% 9,487 Net profit 75.3 Other assets Loans and advances to individuals (before provisions) Loans and advances to customers Loans and advances to legal entities (net of provisions) (before provisions) TOTAL LIABILITIES, RUB BILLION CUSTOMER FUNDING, RUB BILLION PERFORMANCE AND PROFITABILITY INDICATORS1, % +47% +18% +75% +17% Соmparable perimeter2 Compared Compared Compared Compared with 2016 with
Load more

Recommended publications
  • “Moscow Is Always Amazing, but It'll Be Even Better for the World Cup”
    The Locals Voices Moscow “Moscow is always amazing, but it’ll be even better for the Karine Khudaverdyan, 28 “You should definitely visit Propaganda World Cup” (propagandamoscow.com): a funky bar with tasty food at good prices. The next morning you might want to regain some energy at Sagah café Who knows a city better than its locals? (9 Kalashniy Lane), and from there walk down to We visited the Russian capital to ask for Manezhnaya square and pose in front of the art their tips ahead of kick-off this June installations inspired by the World Cup.” WORDS MIKHAEL AGAFONOV PHOTOS NATALIE DOOMCO Darina Osmolovskaya, 30 “To feel the football spirit of Moscow in the ’50s, take a walk around 'Torpedo' stadium (strel.ru) on Vostochnaya Street. The stadium’s Stalin era- architecture looks very striking in the working- class neighbourhood.” Andrey Glotov, 31 Grigory Telingater, 30 “Visit Taganskaya Square to see “Take a tourist boat down the Moskva a mural of Lev Yashin – the only River for great views of the city. I’d also goalie in the world to have been recommend Darling, I’ll Call You Later awarded the Ballon d’Or – plus (darlingbars.ru), a small chain of bars there are tons of bars in the area that always show big sport games. The where you can watch the games.” atmosphere is pretty electric.” WIZZ MAGAZINE 25 25-26_The Locals/Voices_Moscow DL.indd 25 12/03/2018 16:03 The Locals Dmitriy Kuzminov, 48 Julia Striganova, 30 “You can’t get a better “Once the sun’s out, there’s only view of the city than one thing to do: go outside! Start from Vorobyovy Gory, with a breakfast on Bulka bakery’s and that’s where the veranda (69 Bolshaya Gruzinskaya).
    [Show full text]
  • Conscious Responsibility 2 Contents
    Social Report 2016 World Without Barriers. VTB Group Conscious Responsibility 2 Contents VTB Group in 2016 4 3.3. Internal communications and corporate culture 50 Abbreviations 6 3.4. Occupational health and safety 53 Statement of the President and Chairman of the Management Board of VTB Bank (PJSC) 8 4. Social environment 56 1. About VTB Group 10 4.1. Development of the business environment 57 1.1. Group development strategy 12 4.2. Support for sports 63 1.2. CSR management 13 4.3. Support for culture and the arts 65 1.3. Internal (compliance) control 16 4.4. Support for health care and education 69 1.4. Stakeholder engagement 17 4.5. Support for vulnerable social groups 71 2. Market environment 26 5. Natural environment 74 2.1. Support for the public sector and socially significant business 27 5.1. Sustainable business practices 74 2.2. Support for SMBs 34 5.2. Financial support for environmental projects 77 2.3. Quality and access to banking services 35 6. About the Report 80 2.4. Socially significant retail services 38 7. Appendices 84 3. Internal environment 44 7.1. Membership in business associations 84 3.1. Employee training and development 46 7.2 GRI content index 86 3.2. Employee motivation and remuneration 49 7.3. Independent Assurance Report 90 VTB Social Report 2016 About VTB Group Market environment Internal environment Social environment Natural environment About the Report Appendices VTB Group in 2016 4 VTB Group in 2016 5 RUB 51.6 billion earned 72.7 thousand people 274.9 thousand MWh in net profit employed by the Group
    [Show full text]
  • Become More Skillful Every Day. There Is No Limit to Perfection. Hagakure
    STRATEGIES FOR BUSINESS IN MOSCOW Become more skillful every day. There is no limit to perfection. Hagakure A PROPOS Robbie Williams was wrong when he referred to a Russian Today, these crimson jackets can only been businessman as “a modern Rasputin” in his famous hit found in museums. Modern Russian businessmen “Party Like a Russian.” But he’s not the only one to think have stopped wearing clothes that were popular so. A lot of businessmen abroad are convinced that doing among their predecessors in the 90s. Along with business in Russia is dangerous because anarchy and their appearance, their attitudes have changed lawlessness reign here. This is in spite of the fact that Russia as well. These days, Russian businessmen want keeps climbing up in the Doing Business rating, which is more than to make a lot of money. According to published every year by the World Bank. In just one year, one representative from the All-Russian Non- Russia jumped from 35th to 31st place. And keep in mind Governmental Organization of Small and Medium- that back in 2012, Russia was in 120th place! Unfortunately, Sized Business Opora Russia, a modern entrepreneur old habits die hard. As Karl Marx once pointed out, is, first and foremost, someone who is open to new “a person’s mind is the strongest fortress.” information. They have a different perspective on the world. Moreover, an entrepreneur's reputation Actually, the times when the first thing a foreign plays a much bigger role than it used to. Honesty and businessman did after coming to Russia was hire a reliability are valued, and partners who have stood bodyguard are long gone.
    [Show full text]
  • The Art of Goalkeeping: Memorialising Lev Yashin. Sport in Society: Cultures, Commerce, Media, Politics, 20(5- 6), 641-659
    O'Mahony, M. (2017). The art of goalkeeping: memorialising Lev Yashin. Sport in Society: Cultures, Commerce, Media, Politics, 20(5- 6), 641-659. https://doi.org/10.1080/17430437.2016.1158481 Peer reviewed version License (if available): Unspecified Link to published version (if available): 10.1080/17430437.2016.1158481 Link to publication record in Explore Bristol Research PDF-document This is the author accepted manuscript (AAM). The final published version (version of record) is available online via Taylor & Francis at http://www.tandfonline.com/doi/full/10.1080/17430437.2016.1158481 University of Bristol - Explore Bristol Research General rights This document is made available in accordance with publisher policies. Please cite only the published version using the reference above. Full terms of use are available: http://www.bristol.ac.uk/red/research-policy/pure/user-guides/ebr-terms/ The Art of Goalkeeping: Memorializing Lev Yashin Mike O'Mahony (History of Art, University of Bristol, Bristol, United Kingdom) [email protected] Lev Yashin remains, in the eyes of many, the greatest goalkeeper ever to have played the game of football. Since his death in 1990, coinciding with the dying days of the Soviet Union, his legacy has played an important role in post-Soviet history, a factor that is gaining more importance as Russia prepares to host the 2018 World Cup tournament. Yashin’s memory is notably being maintained in the public perception not least through the material form of two key sculptures erected in Moscow in the late 1990s. Yet these works, part of a wider international trend to memorialize footballers in the form of public monuments, offer more than a unique insight into Yashin’s career, status and reputation.
    [Show full text]
  • A Sporting Country
    Sustainability Report / 2019 A SPORTING COUNTRY VTB’s Sporting Country programme SUPPORT FOR PROFESSIONAL SPORTS provides support for professional sports In 2019, VTB Bank continued to support professional and a healthy lifestyle in regions where sports federations such as the International the Group operates. Gymnastics Federation, the Russian Gymnastics Federation, the Russian National Volleyball Federation, and the Beach Volleyball Federation. 2019 VOLLEYBALL SUPPORT IN FIGURES Volleyball Beach volleyball 30 VTB funding, RUB million 20 > 150 Matches > 400 415 Attendance, thousands 26 100 1 2 3 4 5 6 7 8 VTB for society In 2019, VTB Bank implemented 32 major sporting As part of its CSR programme, VTB ran a campaign projects. Notable events included: offering Bank clients to attend basketball games free of charge for the first few days. Students • VTB Formula One Russian Grand Prix; at 300 Moscow general-education schools also • VTB United League Basketball Tournament; received complimentary tickets. A charity initiative gave 32 children aided by the Gift of Life and T-Shirt Gives Life major sporting • VTB Kremlin Cup Tennis Tournament; foundations an opportunity to attend the tournament. projects • KamAZ Master Rally Team events. The games drew more than 61,000 attendees. implemented by the Bank in 2019 VTB Bank is the title sponsor for the VTB United Traditionally, the VTB Group continued to sponsor League, a basketball league founded in 2008 together the KamAZ Master Rally Team and the KamAZ with the Russian Basketball Federation. In 2019, gas-fuelled sports-truck project. July 2019 saw the Bank sponsored the VTB United League’s All-Star the Silk Way Rally 2019 Russia – Mongolia – China Game, the premier basketball event of the year.
    [Show full text]
  • Diapositiva 1
    GRUPPO DE ECCHER REFERENCES GROUP’S MAIN AFFILIATES General Contracting General Contracting in Eastern Europe & CIS Engineering & Special Equipment for Bridges & Viaducts General Contracting & Restoration Engineering & Special Equipment for Bridges & Viaducts Interior Decoration & Furnishing Stay-cables, post tensioning, bearings, Real Estate Development joints & anti-seismic devices HISTORY Rizzani was established in Udine as a general contracting and construction company. Within a few 1831 years, it earns a prestigious reputation for carrying out a large engineering projects in Italy and in several countries of Africa and Latin America. Riccardo de Eccher takes over Rizzani, merging the wealth of experience, technical 1970 knowledge and track record of the two companies into a new single entity. Rizzani de Eccher becomes one of the top ten Italian contractors and makes it into the 2004 world’s 100 largest contractors, according to Top International Contractors. The Group is one of the world’s premier construction businesses and a market leader in its field. It operates in four areas of activity, where it consistently demonstrates its expertise and flair for Today innovation as a contractor for general building, infrastructure development, equipment manufacturing and specialized engineering solutions for bridges and viaducts and real estate development. WORLDWIDE CONSTRUCTION CONTRACTORS OPERATIONS IN 70 COUNTRIES OVER 300 PROJECTS SUCCESFULLY COMPLETED PROJECTS WORLDWIDE PRESENCE AFGHANISTAN LIBYA ALGERIA LUXEMBOURG ANGOLA MACEDONIA
    [Show full text]
  • Uefa Nations League
    UEFA NATIONS LEAGUE - 2020/21 SEASON MATCH PRESS KITS VTB Arena - Moscow Sunday 11 October 2020 20.45CET (21.45 local time) Russia Group B3 - Matchday 3 Turkey Last updated 11/10/2020 11:31CET Previous meetings 2 Squad list 4 Match officials 6 Match-by-match lineups 7 Legend 9 1 Russia - Turkey Sunday 11 October 2020 - 20.45CET (21.45 local time) Match press kit VTB Arena, Moscow Previous meetings Head to Head UEFA Nations League Stage Date Match Result Venue Goalscorers reached Neustädter 20, 14/10/2018 GS-FT Russia - Turkey 2-0 Sochi Cheryshev 78 Serdar Aziz 41; 07/09/2018 GS-FT Turkey - Russia 1-2 Trabzon Cheryshev 13, Dzyuba 49 FIFA World Cup Stage Date Match Result Venue Goalscorers reached Protasov 68, Keskín 15/11/1989 QR (GS) USSR - Turkey 2-0 Simferopol 79 (og) 10/05/1989 QR (GS) Turkey - USSR 0-1 Istanbul Mykhailychenko 41 FIFA World Cup Stage Date Match Result Venue Goalscorers reached Shengelia 16, Blokhin 07/10/1981 QR (GS) Turkey - USSR 0-3 Izmir 36, 53 Chivadze 4, Demianenko 20, 23/09/1981 QR (GS) USSR - Turkey 4-0 Moscow Blokhin 26, Shengelia 49 1976 UEFA European Championship Stage Date Match Result Venue Goalscorers reached Turkey - USSR Football 23/11/1975 PR (GS) 1-0 Izmir Turan 22 Federation USSR Football Federation - Kolotov 25 (P), 56 (P), 02/04/1975 PR (GS) 3-0 Kyiv Turkey Blokhin 75 FIFA World Cup Stage Date Match Result Venue Goalscorers reached Konca 23; Asatiani 3, 16/11/1969 QR (GS) Turkey - USSR 1-3 Istanbul 53, Khmelnitskiy 32 Muntyan 43, 78, 15/10/1969 QR (GS) USSR - Turkey 3-0 Kyiv Nodia 63 FIFA World
    [Show full text]
  • 190717 VTB Arena Customerstory PDF.Indd
    Mission possible: Safeguarding Moscow’s extensive VTB Arena Park Customer story Centralized video security and access control solution for new sports and events park, a 300,000 square-meter urban space As Moscow’s latest events destination, VTB Arena Park attracts tens of thousands of spectators during concerts and sports matches. The US$ 1.5 billion project is also a city in its own right, featuring parks, shops, living spaces and a five-star hotel. Providing video security and access control on this massive scale proved a challenge, but not a ‘mission impossible’ for Bosch. Securing a 300,000 square-meter 12,000 guests during ice hockey matches, basketball urban space games and rock concerts. These guests leave once the action is over, but the park also offers permanent retail facilities, residential spaces, The modern VTB Arena Park is a mixed-use development and a five-star hotel. on a 300,000 square-meter area in the heart of Moscow. It’s a showcase for dynamic urban spaces, but also a As a result of the mixed uses of its spaces, VTB Arena challenge from a security manager’s perspective because Park presents a variety of specific security needs. For of its size: The Dynamo Central Stadium in the middle instance, the on-site security technology needs to provide of VTB Arena Park is home to the FC Dynamo Moscow seamless access to ticket holders during matches and football club and holds up to 26,000 spectators during concerts, but it also had to ensure the day-to-day safety of league matches.
    [Show full text]
  • Setting the Standard
    SETTING THE STANDARD Social Report 2017 CONTENTS VTB Group 2017 key highlights 2 Interview with the President and Chairman of the Management Board of VTB Bank (PJSC) 4 SOCIAL 1 ABOUT VTB GROUP 4 ENVIRONMENT CSR management 8 Development of the business environment 55 Internal (compliance) control 11 Support for sports 60 Stakeholder engagement 12 Support for culture and the arts 64 Support for health care and vulnerable social groups 68 MARKET Support for education 69 2 ENVIRONMENT Support for socially significant business and cooperation with the Government 19 NATURAL Support for SMBs 25 5 ENVIRONMENT Socially significant etailr services 28 Environmentally sustainable Quality and access to banking services 33 management 74 Financial support for environmental projects 78 INTERNAL 3 ENVIRONMENT Employee training and development 42 6 APPENDICES Employee motivation and remuneration 46 About the Report 82 Internal communications and corporate culture 48 Membership in business associations 86 Occupational health and safety 51 GRI content index 89 Independent Assurance Report on the Selected Sustainability Indicators 98 Contact information 100 About VTB Group Market Environment Internal Environment Social Environment Natural Environment Appendices 2 3 VTB GROUP 2017 KEY HIGHLIGHTS RUB 120.1 billion ~ 2,000 sales offices, 76,803 people profit, up 130% y-o-y including employed by the Group, 90% in Russia up 6% y-o-y 21.5 million ~ 1,800 VTB Bank 71.5 hours corporate and retail cash recyclers, of training customers, double the 2016 figure per employee,
    [Show full text]
  • TDS13 Programme Preview3 Final WIP
    SUMMIT PREVIEW ISSUE No. 3 / SEPTEMBER 2013 Last year we hosted delegations from 25+ stadium projects.... Don’t miss this year! “TheStadiumBusiness Design & Development Summit is a unique event for all professionals involved in the design, construction, refurbishment and operation of major sports venues. Combining a high-level conference, mini-expo and networking events, we bring together the experts who are delivering the next generation of stadiums, arenas and sports venues” Turn the page for full speaker line-up TheStadiumBusiness Design & Development Summit 2013 • 9-11 October 2013 • Nice, France Latest event details at www.stadiumdesignsummit.com. Any questions? Email us! CONFERENCE PROGRAMME Wednesday 9th October 19.30 International Reception at Bar "Le Sloop" Sponsored by MANICA Architecture Thursday 10th October 08:15 Registration and Welcome Coffee at Allianz Riviera Stadium 08.45 Welcome to TheStadiumBusiness Design & Development Summit 2013 • Ian Nuttall, Founder, TheStadiumBusiness, UK Welcome to Allianz Riviera Stadium • Xavier Lortat-Jacob, CEO, Allianz Riviera Stadium, FRANCE LEARN the latest on 09.10 Opening Keynote France's UEFA™ Exclusive Expert Insight: Delivering France’s new stadium infrastructure for UEFA EURO2016™ EURO2016 stadium This session will explore the requirements, development plan preparations and major barriers to overcome in the delivering of stadia ahead of UEFA EURO2016 Finals, providing expert insight into current project timeframes and outlining success factors in overcoming the unique challenges. • Xavier Daniel*, Director, EURO2016, LOC, FRANCE Session 1: New Construction Experiences New Faces & New Places: Delivering World-Class Stadiums © MANICA Architecture Our opening session delves into the construction experiences of major new sports facility projects. We sample recently finished projects and explore what happened, the challenges that were unforeseen and the lessons learnt.
    [Show full text]
  • Modern Wide-Span Spatial Metal Structures in Russia
    Opinion Civil Eng Res J Volume 11 Issue 1 - November 2020 Copyright © All rights are reserved by Pavel Yeremeyev G DOI: 10.19080/CERJ.2020.11.555803 Modern Wide-span Spatial Metal Structures in Russia Pavel Yeremeyev G* The Central Research Institute of Civil Engineering (TsNIISK) 109428, Moscow, Russia, 2-nd Institutskaya str., 6, Russia Submission: November 12, 2020; Published: November 18, 2020 *Corresponding author: Pavel Yeremeyev G, The Central Research Institute of Civil Engineering (TsNIISK) 109428, Moscow, Russia, 2-nd Institutskaya str., 6, Russia Abstract A great number of unique wide-span structures have been built in Russia in recent years. More than 30 new stadiums and covered arenas below. The objects were designed, manufactured and erected with the participation of TsNIISK. have been or are being built for the 2014 Winter Olympics and the 2018 Football World Cup. The most interesting of these are briefly described Keywords: Wide-span construction; Spatial metal structures Opinion shape in plan and is suspended on guys attached to four rein- (Figure 1) with a capacity of Lokomotiv Football Stadium forced-concrete pylons with a height of about 50 m erected at the 30,000. Its roof (206 by 157 m) covering the stands has an oval stadium corners and supported by guy-wires. Figure 1: Lokomotiv Football Stadium. Olympic Stadium Fisht (Figure 2) with a capacity of 50,000 stadium now has a roof with a longer projection, and new stands has an oval shape in plan (285 by 240 m). The main elements of for 81,000 spectators are being built.
    [Show full text]
  • Renovation Inspiration - the Case Study Collection Renovation Inspiration – the Case Study Collection
    Renovation inspiration - The case study collection Renovation inspiration – The case study collection The reasons to renovate are many and far-reaching – from leaving a legacy for future generations and improving our health, to mitigating climate change and regenerating our economy. Renovation is hitting the headlines once again, as global governments promote energy efficiency renovations for existing building stock as one of the best ways to help our economies recover post COVID-19. The ambitious goal is to achieve the greatest economic benefit and the greenest climate impact in the shortest possible timeframe. All while simultaneously improving our health and comfort – what’s not to like? We’ve collected 10 of our most interesting renovation case studies from all over the world to inspire your next renovation project. Whether it’s upgrading a multi- unit house while protecting its historical façade or constructing a lightweight yet sturdy apartment on the roof of a warehouse, we’ve got you covered! A warm – and safe – welcome for moms and babies alike 6 Bradford Royal Infirmary, UK Iconic heritage building, Habitat 67, necessitates creative restoration solutions 10 Habitat 67 Montreal, QC Striking, effective and in-budget 13 Hotel Theatre Figi, The Netherlands Belmont Enclosure renewal project 17 Vancouver, Canada 85 years of speed, precision and safety 20 The Moscow metro, Russia Reviving aging housing stock for modern living 24 Ken Soble Tower, Canada A master class in acoustics The Royal Academy of Music, UK 27 When being fire-safe is beautiful Bièvre towers, France 31 Much more than a world-class stadium 46 VTB Arena park, Russia 1.4 million As 1.4 million people move to urban environments globally each week, the challenge of maintaining healthy, safe and comfortable cities becomes even more urgent.
    [Show full text]