Bank VTB PAO (VTBRq.L)
18 Oct 2017
MOSCOW Russian oil producer Lukoil has no desire to return to banking after its executives face potential losses following the bail-out of private lender Otkritie, Lukoil vice-president Leonid Fedun told Reuters.
MOSCOW Russia began relying only on its own rating agencies to manage its domestic bond market on Friday after the world's top three credit rating agencies quit that market, leaving investors pondering the credibility of the local agencies.
LONDON Russian acquisitions by overseas buyers have hit their highest level since before sanctions were imposed in 2014, Thomson Reuters data shows, with a renewed willingness to do business with Moscow.
* SAYS BANK VTB ACQUIRES 19.90 STAKE IN COMPANY Source text: http://bit.ly/2s3jfuE Further company coverage: (Gdynia Newsroom)
* SAYS BANK VTB INCREASES ITS STAKE IN COMPANY TO 13.5% FROM 4.6% Source text: http://bit.ly/2sqEpYd Further company coverage: (Gdynia Newsroom)