Russian VTB has estimated a huge loss in case of closing of its two banks in Ukraine
Russian banking group VTB is looking for ways out of the Ukrainian market. Here the structure operates two subsidiary banks VTB and “BM Bank” (got after the purchase of “Bank of Moscow”). One scenario is closure of business, which will cause VTB losses in sales of property and Bank assets at 25-27 billion rubles. In an interview with the Financial Times said the head of VTB Andrey Kostin, reports “Interfax”. The desire to sell VTB Bank in Ukraine the group […]
Read more