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Reorganization and name change of VTB Bank (Deutschland) AG

 

Nov 29, 2017

VTB Group has decided to reorganize its European operations. As a consequence thereof VTB Bank (Deutschland) AG will be transformed and renamed into:

VTB Bank (Europe) SE

and will be directly held by JSC VTB Bank. The transformation is scheduled to become effective on 29 December 2017.

VTB Bank (Europe) SE as a legal successor assumes all assets and liabilities, rights and obligations of VTB Bank (Deutschland) AG.