Russia's VTB expects a loss in 2009 -CEO

MOSCOW, June 29 (Reuters) - Russia's second biggest bank VTB (VTBR.MM) will likely make a loss this year, its Chief Executive Andrei Kostin said on Monday.

"The absence of a loss this year is unlikely," he told VTB's annual general meeting.

Earlier this month Kostin told Reuters that a breakeven result this year would be "a big success" and it would be very difficult to post a profit [ID:nL51022708]. (Reporting by Dmitry Sergeyev, Writing by Toni Vorobyova)