Bank VTB PAO (VTBR.MM)
22 May 2018
MOSCOW Russia's banking crisis and a weak economy could spell more trouble for its insurance sector, requiring further state support following the bailout of top insurer Rosgosstrakh last year, the head of the country's main insurance lobby said.
FRANKFURT The European Central Bank has stopped supervising the Austrian arm of Russian state bank VTB after it slimmed down its European operations, the ECB said on Friday.
FRANKFURT, March 2 The European Central Bank has stopped supervising the Austrian arm of Russian state bank VTB after it slimmed down its European operations, the ECB said on Friday.
MOSCOW, Feb 26 VTB, Russia's second biggest lender, has sold some of its shares in fast food chain Burger King, owned by Restaurant Brands International Inc , VTB Senior Vice President Dmitry Pyanov said on Monday.
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.