MOSCOW, June 24 Russian bank VTB's
investment unit VTB Capital said it does not have any plans to
provide liquidity or capital resources to Bulgaria's Corporate
Commercial Bank (Corpbank), which was taken over by the
country's central bank on Friday after a run on the bank.
VTB Capital owns around 9.1 percent of Corpbank's shares and
bought the shares as part of a structured finance transaction,
it said in a statement. Its exposure to Corpbank did not exceed
10 million euros from the outset, the bank said, adding that the
amount was subsequently fully hedged.
"VTB Group does not have any liquidity commitments and does
not have any plans to provide any liquidity or capital resources
to (Corpbank)," it said in the statement.
(Reporting by Megan Davies, editing by Jason Bush)