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United States

Dmitry Antonov

Russia's VTB bank head Kostin shrugs off U.S. sanctions risk

Jan 22 2018

MOSCOW Andrey Kostin, the head of Russian state bank VTB and an ally of President Vladimir Putin, said there was a high risk his name would be added to a new U.S. list of people close to Vladimir Putin, but that he was unfazed by the prospect.

Russia's VTB CEO says ready to provide loan to CEFC for Rosneft stake

Jan 22 2018

MOSCOW VTB, Russia's No.2 bank, is ready to provide a loan to China's CEFC so it can buy a stake in Rosneft, the country's top oil producer, VTB Chief Executive Andrey Kostin told Reuters in an interview.

VTB sets aside extra $900 million for potential loan losses

Jan 22 2018

MOSCOW Russian bank VTB has set aside an additional 50 billion rubles ($882 million) to cover potential loan losses and agreed with the central bank to monitor a number of higher risk loans, VTB's chief executive told Reuters.

VTB says in talks to prolong Angola's $1.5 billion loan to 10 years

Jan 22 2018

MOSCOW Russia's VTB is in talks with Angola on changing the terms of a $1.5 billion loan and extending it, the bank's Chief Executive Andrey Kostin told Reuters in an interview authorized for publication on Monday.

Russian new Eurobond should have 'FX amnesty' option: VTB CEO

Jan 22 2018

MOSCOW Russia's sovereign Eurobond this year should offer a "foreign currency amnesty" option so Russian businesspeople can use it to repatriate funds from abroad, said Andrey Kostin, the head of the country's second-largest bank, VTB.

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