VTB increased the portfolio of VIP clients by one third to 1.7 trillion rubles

© RIA Novosti / Alexander Dinitrate in photobacteria office of VTB Bank in MoscowVTB increased the portfolio of VIP clients by one third to 1.7 trillion rubles© RIA Novosti / Alexander Dinitrate the image Bank

. VTB Private Banking in the first nine months of 2018, has built up a portfolio of clients ‘ funds by 30% to 1.7 trillion rubles, the growth rate is twice as high as the results for the same period last year, the press service of VTB.

«Serious growth investments VIP clients in investment products: more than 70% YTD. The total amount has already exceeded 400 billion rubles. The most popular with customers are bonds, stocks of companies that regularly pay dividends, structured products with capital protection and strategy, individual asset management», — stated in the message.

As noted in the Bank, compared with the first quarter of 2018, a marked increase in the share of monetary instruments in the portfolio of Private Banking VTB from 53% to 58%, with more than 73% of foreign exchange funds VIP customers place in VTB in US dollars.

According to senior Vice-President VTB, head of Private Banking Dmitry Breitenbecher such high growth rates, first, indicate the trust of clients, reliability and professional expertise of VTB Bank. «Secondly, it is definitely a synergy effect from the merger of the two banks. Under the universal Bank issues of cooperation between the private and corporate business have gained new momentum. And, thirdly, it is an important indicator of service and quality of customer service,» he said.