October 19, 2016 / 5:45 AM / a year ago

BRIEF-VTB reaches agreement with NCSP on dividend payment - Interfax

Oct 19 (Reuters) -

* VTB Bank has reached an agreement with Novorossiysk Commercial Sea Port Group (NCSP) to resume dividend payment by NCSP - Interfax cites bank first deputy chairman of the management board Yuri Soloviev as saying

* The decision will be formalized in the near future - Interfax cites Soloviev

* NCSP suspended dividend payment for six months of 2016 at the end of Sept. due to risk of breaching covenants under loan agreement with VTB Further company coverage: (Gdynia Newsroom)

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