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MOSCOW (Reuters) - Russia's second largest bank VTB could make a profit of around 420 billion roubles ($4.46 billion) in 2023, news agencies quoted CEO Andrei Kostin as saying on Tuesday. Kostin...
The Bank of Russia may continue to increase the key rate, according to Andrey Kostin, CEO of VTB Bank. In an interview with news outlet RBC, on the brink of the Eastern Economic Forum, Kostin...
MOSCOW (Reuters) - Russia's No. 2 lender VTB still expects to earn 400 billion roubles ($4.21 billion) this year but this month's big central bank rate hike has trimmed any upside to that guidance,...
By Elena Fabrichnaya MOSCOW (Reuters) - Russian state-owned bank VTB will launch a digital bank within the mobile messaging app of leading social network VKontakte, Russia's answer to Facebook...
By Elena Fabrichnaya MOSCOW (Reuters) - Russia's No. 2 lender VTB has raised its retail lending forecast for Russia this year to 17% from 11%, now expecting stable economic conditions to produce a...
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia needs to attract as much private money as possible and could offer non-controlling stakes in large state companies to investors as...
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Alfa Bank made a record loss of 117.1 billion roubles ($1.44...
By Elena Fabrichnaya MOSCOW (Reuters) -VTB expects to bounce back from a sanctions-induced $7.7 billion loss last year to post record profits in 2023, Russia's No. 2 lender said on Wednesday, boosted...
MOSCOW (Reuters) - Russia's No. 2 lender VTB has received preliminary applications of 120 billion roubles ($1.70 billion) for a planned secondary public offering (SPO), CEO Andrei Kostin said on...
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's VTB bank's losses last year were due entirely to sanctions, CEO Andrei Kostin said on Tuesday, a rare acknowledgement that the...
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