OREANDA-NEWS VTB representative office opened in Iran. This was announced by Alireza Peyman-Pak, Deputy Minister of Industry, Mines and Trade of Iran.

"After continuous efforts and support from the Trade Development Organization, VTB Bank, the second largest Russian bank, has opened its representative office in Iran," the deputy minister tweeted.

He noted that VTB is the first Russian bank to open a representative office in Iran.

VTB has branches in India and China, as well as a number of subsidiary banks abroad, including in Armenia, Azerbaijan, Kazakhstan, Belarus.