OREANDA-NEWS. October 28, 2011. Within the framework of the Baku visit the VTB Bank’s large delegation composed director of VTB Capital Infrastructure Financing Department Andrew Antonovsky, director of the VTB Capital Department of Investment Banking - Central Asia & Caucasus Bayram Valiev and Fuad Huseynli.

Today in Baku Russian VTB board member responsible for a network of subsidiaries Olga Dergunova has stated that within 3 days of their visit VTB Capital held meetings with Azerbaijan’s largest customers in order to talk about the possibilities of VTB Group and VTB Capital in particular.

"Depending on how products and services will meet the needs of customers and clients in Azerbaijan, we will decide how quickly we can bring these products here. Investment business does not require a direct presence in the territory. It is important that you have products which meet customer needs in Azerbaijan, and from any point (Dubai, London, Moscow, and Singapore) to offer the best selling product. We can work from anywhere in the world, where we are represented. Our challenge now is to understand with what we can be useful and how much we compete in offering our services to major clients in Azerbaijan," Dergunova said.

Today, VTB Group is represented in Azerbaijan by Bank VTB (Azerbaijan), a joint venture between VTB Group and local AtaHolding.