VTB

US Sanctions VTB for Circumventing Iran Sanctions

The US Treasury's OFAC added VTB to its sanctions list on September 14 for the bank's role in circumventing Iran sanctions. VTB is now among the world's most comprehensively sanctioned financial institutions.

VTB Capital Reduction: Sign of Losses or Shareholder Flight?

VTB (Azerbaijan) announced a reduction in its authorized capital from 315.8 million to 94.7 million manats, raising questions about the bank's financial stability.

VTB (Azerbaijan) to Cut Authorized Capital by 3.3 Times

VTB (Azerbaijan) decided at a shareholders' meeting on July 3 to reduce its authorized capital from 315.8 million to 94.7 million manats to align its capital structure with legal requirements.

VTB (Azerbaijan) Cuts Non-Interest Expenses

VTB (Azerbaijan) became the only bank to significantly reduce non-interest expenses, while most banks increased costs.

VTB (Azerbaijan) Assets and Liquidity Decline

In Q2 2026, VTB (Azerbaijan) CJSC reported a drop in cash, deposits, and assets, while its loan portfolio grew by 18.16%.