MOSCOW Feb 26 Russia's second-largest bank VTB
has stopped issuing new loans in Ukraine, Chief
Executive Officer Andrei Kostin said on Wednesday.
VTB has said previously it has exposure to Ukraine of 20
billion roubles ($560 million), which Kostin said is largely
through big private companies, some of which are exporters.
Kostin said the bank has made a decision to "not to provide"
VTB's operations in Ukraine amount to about 2-3 percent of
the bank's total operations, Kostin said. The bank keeps a long
term strategy in Ukraine, Kostin told reporters.
"We hope the situation will stabilise soon," he added.