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Russia considers selling stake in VTB for 103 bln roubles after 2017 - Interfax

MOSCOW, Oct 26 (Reuters) - Russian Deputy Finance Minister Alexei Moiseev said on Wednesday that the government’s 10.9 percent stake in Russia’s second largest lender VTB bank could be sold later than in 2017, the Interfax news agency reported.

Moiseev said the sale may be delayed due to Western sanctions imposed on the bank.

The estimated price of the stake is 103 billion roubles ($1.64 billion), he said. ($1 = 62.8192 roubles) (Reporting by Lidia Kelly; writing by Maria Tsvetkova)

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