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Bank VTB PAO (VTBRq.L)

VTBRq.L on London Stock Exchange

1.88USD
22 Nov 2017
Change (% chg)

$0.00 (+0.05%)
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Volume
914,685
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Latest Key Developments (Source: Significant Developments)

FESCO shareholders approve raising up to $750 mln credit from VTB
Tuesday, 31 Oct 2017 03:51am EDT 

Oct 31 (Reuters) - FESCO ::SAYS ITS SHAREHOLDERS HAVE APPROVED RAISING UP TO $750 MILLION CREDIT FROM VTB BANK <<>>.THE CREDITOR IS THE COMPANY'S UNIT, VLADIVOSTOK COMMERCIAL PORT <<>>.UP TO $715 MILLION OF THE TOTAL CREDIT AMOUNT CAN BE USED TO BUY BACK AND REDEEM ITS EUROBONDS AND ROUBLE BONDS.UP TO $35.1 MILLION OF THE TOTAL CREDIT AMOUNT CAN BE USED TO REFINANCE CREDIT WITH VTB BANK (DEUTSCHLAND) AG.THE CREDIT WILL BE PROVIDED IN THREE TRANCHES.VTB WAS READY TO PROVIDE A LOAN OF $500-550 MILLION TO FESCO IF IT SUCCEEDED IN RESTRUCTURING ITS DEBT WITH BONDHOLDERS, VTB FIRST DEPUTY CHIEF EXECUTIVE YURI SOLOVYOV SAID ON MONDAY nL8N1N53M5.  Full Article

VTB ready to provide FESCO with financing if co restructures debt-IFX
Friday, 27 Oct 2017 03:38am EDT 

Oct 27 (Reuters) - VTB ::IS READY TO PROVIDE FESCO GROUP <<>> WITH FINANCING SUBJECT TO FESCO DEBT BEING RESTRUCTURED -INTERFAX CITES SOLOVIEV‍​.  Full Article

Russia's VTB bank says may increase dividend for 2017
Tuesday, 24 Oct 2017 09:37am EDT 

Oct 24 (Reuters) - Russia's VTB Bank Deputy Chief Executive, Herbert Moos, told reporters on Tuesday: :VTB may increase dividend payment for 2017 as its profit is rising..  Full Article

Russia's VTB sets buy-out price ahead of VTB 24 merger
Tuesday, 3 Oct 2017 12:52pm EDT 

Oct 3 (Reuters) - VTB Bank says::VTB Bank's supervisory council made a decision to hold an extraordinary general meeting of shareholders on Nov. 9..The reorganisation of VTB Bank in the form of a merger with its retail unit Bank VTB 24 is on the agenda of the meeting..In connection with the merger, the Supervisory Council determined the buy-out price for VTB Bank ordinary shares should be 3.8 kopecks..The buy-out price for VTB Bank Type 1 preference shares is 1 kopeck..The buy-out price for VTB Bank Type 2 preference shares is 10 kopecks..  Full Article

VTB August net profit down at RUB 1.0 billion
Thursday, 28 Sep 2017 03:06am EDT 

Sept 28 (Reuters) - VTB :SAYS NET PROFIT WAS RUB 68.7 BILLION (3 TIMES INCREASE YEAR-ON-YEAR) IN 8M 2017.SAYS AUGUST NET PROFIT RUB 1.0 BILLION VERSUS RUB 8.5 BILLION YEAR AGO.AUGUST NET INTEREST INCOME RUB 40.2 BILLION IN AUGUST 2017, UP 19.6%.AUGUST TOTAL PROVISION CHARGES RUB 18.6 BILLION, DOWN 26.5%.  Full Article

VTB July ‍net profit up at RUB 9.8 billion
Wednesday, 30 Aug 2017 03:02am EDT 

Aug 30 (Reuters) - VTB :‍NET PROFIT WAS RUB 67.7 BILLION (4 TIMES INCREASE YEAR-ON-YEAR) IN 7M 2017​.NET INTEREST INCOME RUB 39.8 BILLION IN JULY 2017, UP 12.4% YEAR-ON-YEAR..‍NET PROFIT WAS RUB 9.8 BILLION IN JULY 2017 VERSUS RUB 2.4 BILLION IN JULY 2016​.NET FEE AND COMMISSION INCOME RUB 7.8 BILLION IN JULY 2017, UP 8.3% YEAR-ON-YEAR.‍TOTAL PROVISION CHARGES AMOUNTED TO RUB 92.0 BILLION IN 7M 2017, DOWN 27.6% YEAR/YEAR​.  Full Article

Russian Copper Company in talks to raise financing for its new plant
Tuesday, 25 Jul 2017 09:11am EDT 

MOSCOW, July 25 (Reuters) - Russian Copper Company, Russia's privately-held third largest copper producer::Is in talks with Russia's Sberbank <<>>, VTB <<>> and Gazprombank <<>> to raise project financing for its new plant at the Tominsk copper deposit in the Urals region, Maxim Shchibrik, its Chief Financial Officer, said in an interview with Reuters;.The total investment needed for the project is estimated at 65.9 billion roubles ($1.1 billion), and the company wants to raise 70 percent of this sum, Shchibrik said;.Russian Copper Company, which has assets in Russia and Kazakhstan, is controlled by Russian businessman Igor Altushkin. It is the third largest copper producer in Russia after Norilsk Nickel <<>> and another privately-held firm Ural Mining Metallurgical Company (UMMC);.The new plant at the Tominsk deposit will have an annual capacity of 28 million tonnes of ore, from which it will be able to produce up to 500,000 tonnes of copper concentrate per year towards the end of 2021..  Full Article

Russia's VTB ‍5-month net profit RUB 50.1 billion, up 28 times YR/YR​
Wednesday, 28 Jun 2017 02:58am EDT 

June 28 (Reuters) - VTB VTBR.MM:‍NET PROFIT OF 50.1 BILLION IN 5M 2017 (28 TIMES INCREASE YEAR-ON-YEAR)​.‍NET INTEREST INCOME WAS RUB 189.0 BILLION IN 5M 2017, UP 12.8% YEAR-ON-YEAR​.‍TOTAL PROVISION CHARGES WAS RUB 70.8 BILLION IN 5M 2017, DOWN 7.1% YEAR-ON-YEAR​.‍NPL RATIO WAS 6.5% OF TOTAL GROSS LOANS AS OF 31 MAY 2017, DOWN 10 BPS MONTH-ON-MONTH AND UP 10 BPS YEAR-TO-DATE​.  Full Article

Bank VTB acquires 19.90 stake in TNS Energo Group
Friday, 23 Jun 2017 07:41am EDT 

June 23 (Reuters) - TNS ENERGO GROUP ::SAYS BANK VTB <<>> ACQUIRES 19.90 STAKE IN COMPANY.  Full Article

Bank VTB increases its stake in RusHydro
Wednesday, 14 Jun 2017 02:40am EDT 

June 14 (Reuters) - RUSHYDRO ::SAYS BANK VTB <<>> INCREASES ITS STAKE IN COMPANY TO 13.5% FROM 4.6%.  Full Article

UPDATE 1-Shares in Russia's No.2 lender VTB hit three-year low

MOSCOW, Nov 16 Shares in Russia's second-biggest lender, VTB, fell to their lowest level since December 2014 in trading in Moscow, losing 15 percent of value over five days of consecutive declines.