VTB-Leasing is the leader in the leasing services market; it maintains strong competitive position in main segments of services provided.
VTB-Leasing was founded in June 2002. OJSC Bank VTB is the sole shareholder in OJSC "VTB-Leasing". Charter capital of VTB-Leasing is 2.2 billion rubles.
According to the results of 2008 OJSC "VTB-Leasing" maintains its leadership positions by leasing portfolio volume among the leasing companies of the Russian Federation. The Company also is Russia’s largest by amount of leasing payments received in 2008 and by amount of asset acquisitions. Expert RA ratings agency recognized VTB-Leasing as the best leasing company in the "Aircraft leasing" nomination.
VTB-Leasing occupies the top position in the lists of top 10 largest Russian leasing companies compiled by Expert RA and Leasing Review industry publications.
According to a study done by LEASEUROPE, a European federation of national leasing associations, OJSC "VTB-Leasing" occupies the 21st position in the ranking of top 100 European leasing companies based on the 2007 results (based on 2006 results VTB-Leasing occupied the 42nd position in the list).
VTB provides the following services: FINANCIAL LEASING – a leasing contract under which the asset is retained by the client (lessee) upon expiration of the contract (lease term); OPERATING LEASING – a leasing contract upon completion of which the client delivers the asset back to the lessor; LEASE BACK – a leasing contract under which the seller of the equipment and the lessee are one and the same entity. The company sells its equipment, gets money, and then takes this equipment on lease from the buyer.