16.07.2008 /Investing VTB Supervisory Council holds its meeting - The VTB Supervisory Council considered and approved the Regulation on VTB Bank Information Policy and the Regulation on VTB Bank Dividend Policy.

16.07.2008 /Financial Statements VTB Announces Results for the First Quarter 2008 - VTB Group today reports that its core income, defined as net interest income before provisions and net fee and commission income, is up 114.4% year-on-year to US$ 1.2 billion reflecting strong underlying momentum in the business. Net interest margin rose to 5.1% in the first quarter of 2008 from 4.4% in 2007.

16.07.2008 /Bank's Ratings Moody's Investors Service has upgraded the Bank of Moscow's financial strength rating from "D-" to "D" - Moody's Investors Service has also confirmed the other Bank of Moscow ratings — the long-term credit rating (Âàà2, outlook "stable") and the Eurobond rating (À3, outlook "stable").