Bank VTB PAO (VTBR.MM)
21 Feb 2018
MOSCOW, Feb 19 Russia's VTB Bank sees the Magnit supermarket chain only growing organically rather than via mergers and acquisitions, the Interfax news agency cited Yuri Soloviev, a senior executive at the bank, as saying on Monday.
SOCHI, Russia Russia's Sergey Galitskiy has stepped down as CEO at the Magnit supermarket chain he founded and sold most of his stake to state lender VTB for about 138 billion roubles ($2.5 billion), bringing Kremlin influence into the retail sector for the first time.
* Shares down 7.8 percent in Moscow at 4,472 roubles (Updates shares price, adds analyst comments; repeats to add editing credit in signoff)
SOCHI, Russia, Feb 16 Russia's VTB bank has bought a stake in Russian food retailer Magnit from its Chief Executive Sergey Galitskiy, the bank and the company said on Friday.
MOSCOW, Feb 6 Russia's second-biggest lender, VTB, posted a net profit last year of more than 100 billion roubles ($1.74 billion), Chief Executive Andrey Kostin told Russian President Vladimir Putin on Tuesday.
MOSCOW, Jan 29 Russia's No.2 bank VTB will provide a 37 billion rouble ($657 million) loan for the construction of the first indoor theme park in Moscow, the bank said in a statement on Monday.
MOSCOW Russian second-largest lender VTB will consider acquiring mid-sized Vozrozhdenie bank , VTB head Andrei Kostin said, according to Russian news agencies on Wednesday.
MOSCOW, Jan 24 Russian second-largest lender VTB will consider acquiring mid-sized Vozrozhdenie bank , VTB head Andrei Kostin said, according to Russian news agencies on Wednesday.
MOSCOW, Jan 24 Russian state bank VTB said on Wednesday it will consider acquiring Vozrozhdenie bank , the RIA news agency reported. (Reporting by Maria Kiselyova; Writing by Gabrielle Tétrault-Farber; Editing by Maria Kiselyova)
MOSCOW, Jan 24 Russian state bank VTB said on Wednesday it had agreed to loan 5 billion euros ($6.15 billion) to China's CEFC to finance the purchase of shares in Rosneft, the RIA news agency reported.