A. Usanetashvili appointed as member of Management Board of Subsidiary Organization VTB Bank (Kazakhstan)

/KASE, September 28, 2021/ – Subsidiary Organization VTB Bank (Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique dated September 28, 2021: quote The Board of Directors of VTB Bank (Kazakhstan) has elected Archil Usanetashvili as a new member of the bank's Management Board. He will be responsible for work with corporate customers of small and medium-sized businesses. Archil Usanetashvili was born in 1977; he has been working in the banking sector for more than 17 years, 15 of which with the VTB Group. In 2000, he graduated from the faculty of "Economics and Management" of Tbilisi State Institute of Economic Relations; in 2008, he completed the "Energy of Leadership" Program of VTB Corporate University. "Supporting entrepreneurs is a strategic priority for VTB. Last year we started active automating services for legal entities. VTB's corporate customers already use the Internet and mobile banking regularly, but this year we also offered them the opportunity to draw up and receive tranches of credit facilities and open accounts remotely. We will continue the technological development of services for entrepreneurs; responsibility for managing these processes now rests with Archil Usanetashvili. I am sure that his experience and competence will help in the further development of all areas of work with corporate customers", - said Dmitry Zabello, Chairperson of the Management Board of VTB (Kazakhstan). Over 12 months loan portfolio of VTB (Kazakhstan) in the SMB segment grew by 36% and, as of September, 1 made up 60.3 million KZT, deposit portfolio – by 26%, up to 44.3 million KZT. The volume of current accounts of small and medium businesses increased 1.5 times and made 26/5 million KZT. Today the Management Board of VTB Bank (Kazakhstan) consists of the Chairperson of the Board Dmitry Zabello, the Deputy Chairperson Artem Badykov, who heads the retail block of the bank, Arman Mangitov, who supervises corporate and investment business, and Anastasiya Nelina, Director of Financial Department. Archil Usanetashvili becomes the fifth member of the Management Board of VTB Bank (Kazakhstan). unquote [2021-09-28]