OREANDA-NEWS. February 27, 2010. Experts of FBK Valuation Department successfully completed project in revaluation of real estate objects, owned by the Bank VTB-24, to reflect fair value of assets in the Bank financial statements prepared under IFRS, reported the press-centre of FBK.

Revaluation of objects situated in 28 cities of Russia was conducted within the project. The project was agreed with the bank auditor.

VTB 24 Bank is a major Russian bank within international financial group VTB; it specializes in servicing individuals, sole entrepreneurs and small-size businesses. The bank’s network is comprised of 500 branches and supplementary offices in 69 regions of the country.