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.
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.
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.
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.
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.