VTB Capital increased its market share of the investment banking market in Russia (M&A, ECM and DCM) to 22.01% in 2014 from 14.87% in 2013, according to analysis by Thomson Reuters.

Data showed that VTB Capital increased its share of Russia-targeted M&A fees from 16.32% to 23.59%, increased its share of Russian ECM fees from 13.51% to 14.9% and increased its share of Russian DCM fees from 13.84% to 24.1%.

Riccardo Orcel, deputy CEO of VTB Group and head of global banking at VTB Capital, said: "The difficult operating environment experienced in 2014 meant that clients turned to their most trusted advisors to help guide them through the challenges of navigating choppy financial markets successfully. In times of uncertainty clients know that a bank whose core business is focused on emerging markets will always be there for them and this contrasts with the "here today, gone tomorrow" attitude of some international banks."

VTB Capital, the investment business of VTB Group, is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. Since its foundation in 2008, VTB Capital has taken part in more than 500 ECM and DCM deals, which were instrumental in attracting more than US$200 billion worth of investments to Russia and CIS.