|Bid||0.0000 x 80000000|
|Ask||0.0000 x 2201000000|
|Day's Range||0.0358 - 0.0371|
|52 Week Range||0.0331 - 0.0576|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.05|
CNBC’s Julianna Tatelbaum speaks to Andrey Kostin, president of VTB Bank, at the Russia Calling conference in Moscow.
VTB Bank Chairman and President Andrey Kostin discusses how Ukrainian lawmakers voted to declare martial law in areas bordering Russia, after Russia seized three Ukrainian navy ships.
The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminium giant Rusal and its parent En+, watering down the toughest penalties imposed ...
An official Russian delegation will travel to the Davos world economic forum after organisers of the event lifted an earlier ban on several Russian businessmen, the state-run RIA news agency cited a government source as saying on Saturday. Last month, the Financial Times reported that Oleg Deripaska, Viktor Vekselberg and Andrey Kostin had been told to stay away from the high-profile forum, due to take place in January, due to caution over dealing with businessmen under sanctions from Washington. "No one will go there," Prime Minister Dmitry Medvedev was cited by Interfax news agency as saying, after the report.
Holders of Mozambique's state-guaranteed loans ear-marked for restructuring will not receive any instruments allowing them a share in future revenues from offshore gas projects, unlike Eurobond creditors, the country's legal counsel said. Mozambique's government is battling to overhaul its suffocating debt burden after admitting in 2016 to $1.4 billion of previously undisclosed loans, which prompted the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a debt default. Maputo needs to restructure a $535 million state-backed loan to Mozambique Asset Management (MAM) arranged by Russian lender VTB and a similar $622 million facility for maritime security projects at ProIndicus arranged by Credit Suisse .
The Kremlin's latest standoff with Ukraine in the Azov Sea is forcing foreign investors to reconsider Russia, which faces the possibility of even more stringent Western sanctions. European Union leaders are expected to soon extend existing sanctions on Russia, although some senior politicians have also called for imposing fresh ones. Domestic OFZ sovereign bonds have been a lightning rod of sentiment towards Russia.
Ukraine's president has created an "artificial conflict" with Russia just to boost his chances in a presidential election set to happen in Ukraine in March next year, the president and chairman of Russia's VTB Bank has claimed.
Otkritie bank, rescued by Russia's central bank last year, has almost finished its clean up and is switching its focus to growth this year, Chief Executive Mikhail Zadornov told Reuters. The central bank had to bail out Otkritie, B&N and Promsvyazbank, blaming excessive M&A activity by the three banks and their former owners. The central bank has so far spent more than 2 trillion roubles ($30 billion) on the clean up.
Russian state bank VTB on Monday challenged media to a legally-binding bet of 1 billion roubles (11.5 million pounds) over what it said were incorrect reports it provided a loan to finance the sale of a stake in Rosneft to Qatar's sovereign wealth fund. Citing nine sources, Reuters on Friday exclusively reported that VTB had provided around $6 billion to the Qatari fund (QIA) for the 10.2 billion euro deal in 2016 in which a 19.5 percent stake in Rosneft was sold to QIA and commodity trader Glencore. VTB said it did not issue a loan to the QIA.
Russian state bank VTB on Monday challenged media to a legally-binding bet of 1 billion roubles ($14.79 million) over what it said were incorrect reports it provided a loan to finance the sale of a stake in Rosneft to Qatar's sovereign wealth fund. Citing nine sources, Reuters on Friday exclusively reported that VTB had provided around $6 billion to the Qatari fund (QIA) for the 10.2 billion euro deal in 2016 in which a 19.5 percent stake in Rosneft was sold to QIA and commodity trader Glencore. VTB said it did not issue a loan to the QIA.
Croatia's High Commercial Court on Friday approved a settlement deal for the indebted Croatian food producer and retailer Agrokor that includes a debt-for-equity swap and some loan write-offs, the company said. Under the deal, Agrokor's biggest single creditor, Russia's Sberbank will become the largest shareholder with a 39.2 percent stake. "We're very content with this decision because now all the conditions are met for the implementation of the settlement deal to begin," Agrokor's state-appointed crisis manager Fabris Perusko told reporters.
Russian private deposit outflows rose to 0.8 percent of total private deposits in September, compared with 0.6 percent the month before, but deposits are expected to start growing in October-November, ...