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Tatiana Voronova

Russia's VTB says quarterly net profit down 93%, could slash dividends

Aug 07 2020

MOSCOW Russia's second-largest lender VTB said on Friday its second-quarter net profit fell 93% as provisions against bad loans mounted amid the coronavirus crisis, prompting management of the state-run bank to recommend slashing dividends.   

UPDATE 1-Russia's VTB says quarterly net profit down 93%, could slash dividends

Aug 07 2020

MOSCOW, Aug 7 Russia's second-largest lender VTB said on Friday its second-quarter net profit fell 93% as provisions against bad loans mounted amid the coronavirus crisis, prompting management of the state-run bank to recommend slashing dividends.

UPDATE 2-Russia's Sberbank Q2 hit by provisions, but fewer than Q1

Jul 30 2020

MOSCOW, July 30 Sberbank's net profit fell 33.4% year-on-year in the second quarter, but rose from the quarter before as Russia's largest lender made fewer provisions against bad loans stemming from the coronavirus crisis.

Exclusive: Russia's Sberbank may be able to write off $2 billion state loan - sources

Jul 20 2020

MOSCOW Russia's Sberbank may be allowed to write off 150 billion roubles ($2 billion) in a subordinated loan from the central bank as part of the state's support for its biggest bank during the COVID-19 crisis.

Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources

Jun 17 2020

MOSCOW Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.

Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources

Jun 17 2020

MOSCOW Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.

EXCLUSIVE-Russia plans cash injection for Aeroflot via new share issue - sources

Jun 17 2020

MOSCOW, June 17 Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.

Russians make a dash for the dacha during coronavirus lockdowns

Jun 09 2020

MOSCOW Russians rushed to purchase or rent country homes and plots of land to escape large cities during more than two months of lockdowns designed to curb the spread of the novel coronavirus, data from real estate brokers shows.

Russians make a dash for the dacha during coronavirus lockdowns

Jun 09 2020

MOSCOW, June 9 Russians rushed to purchase or rent country homes and plots of land to escape large cities during more than two months of lockdowns designed to curb the spread of the novel coronavirus, data from real estate brokers shows.

UPDATE 1-Russia's Sberbank in talks to buy stake in online retailer Ozon -sources

Jun 04 2020

* Sberbank plans to transform into banking-to-online group (Adds detail, quotes, background)

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