|Bid||0.00000 x 80000000|
|Ask||0.00000 x 2201000000|
|Day's Range||0.04267 - 0.04370|
|52 Week Range||0.04221 - 0.06683|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2018 - Nov 17, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.06|
May.25 -- Andrey Kostin, chief executive officer at VTB Bank, discusses Russian sanctions, his office in London, Brexit and the Russian central bank's monetary policy. He speaks to Bloomberg's Annmarie Hordern at the St. Petersburg International Economic forum in St. Petersburg.
Russia's foreign minister, Sergei Lavrov, said on Tuesday that new U.S. sanctions against Ankara and Moscow were an illegitimate policy and a way for the United States to obtain an unfair competitive advantage ...
is to buy Vozrozhdenie Bank after its previous owners oversaw a major banking collapse, the bank said on Tuesday. VTB, Russia’s second-largest lender by assets, will obtain a controlling stake of at least 75 per cent in Vozrozhdenie for an unspecified price from the Cypriot firm Bonum Capital, VTB said. , a top-10 lender, before the central bank nationalised Promsvyazbank at the end of last year.
to the US Treasury in a bid to free itself from sanctions, which threaten to sink the company and upend global metal markets. Under the proposal, which has been filed with the Office of Foreign Assets Control (Ofac), Mr Deripaska has agreed to reduce his holding in London-listed En+ to below 45 per cent from around 70 per cent currently, primarily through the transfer of shares to VTB, a Russian bank with close links to the Kremlin. — a bank that is itself under US sanctions — may raise questions in Washington, people familiar with the proposal say it would only hold the En+ shares briefly until sanctions are lifted.
The Trump administration has signed off on sweeping new sanctions against Russia following a near-fatal nerve agent attack against British citizen and former Russian spy Sergei Skripal, a move that could hit hundreds of millions of dollars worth of Russian state imports. In the past, Russia, like other countries, would require licences from the US Department of State to import technologies that have military applications.
VTB, Russia's No.2 bank, is studying U.S. plans to impose new sanctions on Russia but is not yet ready to comment, Senior Vice-president Dmitry Pyanov said on a conference call on Thursday. Washington on Wednesday said it would impose fresh sanctions on Russia by the end of August after it determined that Moscow had used a nerve agent against a former Russian agent and his daughter in Britain. Russia denies the allegations.
Turkish conglomerate Gama Holding is in talks with Malaysia's Tenaga Nasional and other potential buyers about a sale of its 50.5 percent stake in its Gama Enerji energy unit, three sources said, as part of a $1 billion debt restructuring. Gama, which has businesses spanning oil, cement, petrochemicals and natural gas, is the latest Turkish company to attempt to restructure foreign-currency debt amid a sell-off in the lira. It is in talks with nearly 20 banks on restructuring some $1 billion worth of debt, the sources said.
Andrey Kostin, chief executive officer at VTB Bank, discusses Russian sanctions, his office in London, Brexit and the Russian central bank's monetary policy. He speaks to Bloomberg's Annmarie Hordern at ...
VTB, Russia’s second-largest lender, has increased its stake in sanctions-hit En+, which manages the aluminium and hydropower assets of businessman Oleg Deripaska, after making a margin call on one of En+’s minority shareholders, the bank’s first deputy chief executive said. VTB had financed the purchase of a 6.25 percent stake in En+ by Singapore's AnAn Group. Shares in En+ plummeted after Deripaska and his main businesses were included on a U.S. sanctions blacklist.
Russia has never pushed U.S. businesses away despite the "confusion" and "emotion" surrounding sanctions, the chief executive of the American Chambers of Commerce in Russia, told CNBC on Thursday.
The CEO of Russia's VTB Bank , Andrey Kostin, said on Wednesday the bank was ready to give aluminium producer Rusal more time to make repayments on its loans, TASS news agency reported. Russian metals ...
VTB (VTBR.MM), Russia's second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB's President Andrei Kostin told CNBC in an interview released on Wednesday. Washington last month imposed sanctions on some of Russia's biggest companies and businessmen, including Deripaska and his aluminum empire, in response to Moscow's alleged meddling in the 2016 U.S. presidential election and other activities. "Of course, we are not lending any new money to him, we are not having any operations with him," Kostin told CNBC, adding that VTB was waiting to see what the U.S. Treasury Department's next steps would be.
Russia's second-largest bank has said it has restrained lending to Russian billionaire Oleg Deripaska on the back of the U.S. sanctions against the oligarch.y.
Diplomatic tensions and the "aggressive policy" of the U.S. toward Russia are of more concern than sanctions, Andrei Kostin told CNBC.
Russian business lobby groups voiced opposition on Wednesday to a draft law that would make it a crime to comply with sanctions imposed by the United States or other countries. The United States last month imposed sanctions on some of Russia's biggest companies and businessmen, striking at allies of President Vladimir Putin to punish Moscow for alleged meddling in the 2016 U.S. presidential election and other "malign activities". In retaliation, Russian lawmakers in a first reading approved a bill making it a crime punishable by up to four years in jail to refuse to supply services or do business with a Russian citizen, citing U.S. or other sanctions.
Kazakhstan has chosen JP Morgan and VTB Capital to lead the international listing of Kazakhtelecom, the country's largest telecoms operator, two financial sources familiar with the matter said. The listing in London or Hong Kong could be the first in a string of sales from a privatisation programme in Central Asia's biggest economy.
The CEO of Russia's VTB Bank , Andrey Kostin, said on Friday he landed on a new U.S. sanctions list because of Washington's misunderstanding of the Russian government's intentions, TASS news agency reported. Kostin added he had done nothing wrong and had always tried to foster good working relations with U.S. banks and investors. The United States imposed new sanctions against Russian businessmen, companies and government officials on Friday in one of Washington's most aggressive moves to punish Moscow for a range of activities, including alleged meddling in the 2016 U.S. election.