Strategy

In May 2010, the Supervisory Board of VTB group approved the Business Development Strategy for 2010–2013. The new strategy aims at effective growth and includes a significant increase in the profits through improved structures and increased efficiency of the Company. The priority is to increase the return on equity and market capitalization.

Our goals until 2013:

• Doubling of profit as compared to 2010
• At least 15% return on equity (ROE) in the Group
• Substantial growth in market capitalization
• Marked improvement to the profit structure
• Greater stability in the financial results of the Group

The Group plans a further diversification of its business interests, which will ultimately rest on several pillars. The following business segments will make a substantial contribution to the Group’s profits: Corporate, Investment, Retail, and International Business.

The development strategy for 2010–2013 for the subsidiaries of VTB Group aims at building powerful and profitable business segments through diversification. It also deals with strengthening of the Company’s position in each of the respective segments.

In Europe, Asia and Africa, service for customers from Russia and the CIS remains an important undertaking in order to support international cooperation and expansion of VTB customers.