OREANDA-NEWS. December 24, 2009. VTB Bank (Azerbaijan) widens its operations at the domestic financial market.

Bank’s chairman of board Oleg Krasnozhon says that the Bank has already been participating in operations at the Baku Interbank Currency Exchange (BBVB).

“An official we have chosen is passing training and soon will be able to conduct operations at BBVB,” Krasnozhon said.

The Bank does not decline from participation in the Organized Interbank Credit Market (OICM) and Guaranteed Monetary Market operating in BBVB trading system.

“We will participate in all projects to allow us to earn money,” Krasnozhon said.

VTB Bank (Azerbaijan) is property of Russia’s VTB Bank (stake: 51%) and Azerbaijan’s AtaHolding (49%).