VTB Capital is quickly establishing a presence in Asia-Pacific, leveraging the leading equity and fixed-income franchises it holds in its domestic Russian market.
Part of the state majority owned VTB Group, the investment banking subsidiary is based in London and has operated with official licences in Singapore since 2009 and Hong Kong since 2011.
It has a clearly defined three-pronged strategy, as Damian Chunilal, chief executive for Asia at VTB Capital, explained to FinanceAsia at the bank’s Russia Calling investor forum in Moscow last week.
“VTB Capital aims to intermediate all trade and FDI between Russia and in the CIS where it...