News and Press Releases

5 November 2008

OJSC “VTB-Leasing” Sponsors “Leasing in Russia” – an International Conference Held in Barcelona (Spain)

On October 30-31, 2008 an annual international conference “Leasing in Russia” was held in Barcelona. This conference was sponsored by OJSC “VTB-Leasing”. Over 70 delegates participated in the proceedings of the conference. Attendees included chief executives of leasing companies, heads of leasing associations, and representatives of Russian financial institutions.

Presentations of conference speakers and discussions covered important issues of the leasing services market in Russia, crisis situation in the financial markets, intermediate summary of main achievements of the Russian leasing industry in 2008 and plans for the coming years.

Ms. Nadezhda Fomenko, deputy General Director of OJSC “VTB-Leasing”, was among the speakers of the plenary session of the international conference. The topic of her presentation was “New market opportunities: acquisition of leasing companies or pools of leasing transactions”. Her presentation covered issues of the Company’s operation in an unstable environment characteristic of today’s global financial sector, M&A transactions between leasing companies, aspects of managing the Company’s operations, cooperation with the regional governments in Russian Federation and with the CIS countries and achievements that OJSC “VTB-Leasing”, Russia’s largest leasing company, was able to reach in 5 years of its operations.

In unofficial discussions Ms. Fomenko answered numerous questions from the delegates of the international conference regarding the activities of VTB-Leasing and the prospects of cooperation with both private and public companies in various sectors of the national economy.

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