VTB plans to maintain its presence in the banking markets of Azerbaijan, Armenia, Belarus, Kazakhstan, China and India, VTB CEO Andrei Kostin told Interfax in an interview. "We are not selling [subsidiary banks] anywhere, with the …
Chief Executive Officer of Russia’s second-biggest bank VTB Andrey Kostin projects double-digit inflation in the country by the end of 2022. "There will be double-digit inflation, for sure, we projected that," he said in …
President of Azerbaijan Ilham Aliyev has embarked on a working visit to the Swiss Confederation to attend the annual meeting of the World Economic Forum, his press service reported. The head of state met with …
VTB chairman Andrey Kostin said at the Eastern Economic Forum in Vladivostok that his bank has learned to raise capital domestically which has helped in times of crises. "There’s quite wide …
There is a possibility that Russia’s central bank would lower its key rate in the second quarter of 2019, VTB Chief Executive Andrey Kostin said. He also said that Russia’s second largest lender VTB …
Russian President Vladimir Putin had a working meeting with President and Chairman of the VTB Bank Management Board Andrei Kostin to discuss the bank’s performance last year, mortgage lending and housing construction …
Ilham Aliyev held more than a dozen meetings for two days of the World Economic Forum
Azerbaijani President Ilham Aliyev has met with president and chairman of VTB Bank Management Board Andrey Kostin in Davos today, according to the Azerbaijani presidential website. Azerbaijan’s …
Kremlin spokesman Dmitry Peskov said that the Davos world economic forum was undermining itself by not allowing Russian businessmen Oleg Deripaska, Viktor Vekselberg and Andrei …
Russia could expand the use of rubles for international settlements but it was unlikely to ban U.S. dollars, chief executive of VTB Andrei Kostin said. "Wider usage of the ruble... gives more business to the …
Russia’s government doesn't plan to restrict dollar usage in the country, but intends to approve a plan to reduce dollar usage, as the Kremlin steps up efforts to cut dependence on the U.S. currency amid fears of new U.S. sanctions. …
De-dollarization of the Russian economy is a length process, Kremlin spokesman Dmitry Peskov said. The spokesman stressed that Russian president Vladimir Putin was a longstanding supporter of the …
Russia, just like other countries, may soon move away from trade in dollars, VTB chairman, Andrei Kostin, said in an interview with Bloomberg. This will happen if the US continues to use its currency as a weapon, he added. …
Armenia's Prime Minister Nikol Pashinyan, who is on a working visit to Russia, met with president and chairman of VTB Bank Management Board Andrey Kostin. The PM underscored VTB …
Diplomatic tensions and the "aggressive policy" of the U.S. toward Moscow are of more concern than economic sanctions, the president and chairman of Russia's VTB Bank Andrei Kostin said. "What …
President and Chairman of the Management Board of Russia's VTB Bank Andrei Kostin sees the prerequisites for further positive decisions on Russia's sovereign rating. "That's right, this is just the …
The key rate of Russia’s central bank may contract to 6–6.75% annually until the end of 2018, CEO of the VTB bank, Andrei Kostin, said on the sidelines of the World Economic Forum in Davos. "If we …
Bitcoin is a fake currency, Russia’s VTB Bank PJSC management board Chairman Andrey Kostin said in Davos. "Bitcoin is a fake currency and governments can’t accept a growing market of money not …
VTB Bank President and Chairman of the Board Andrey Kostin visited Grozny and met with the head of Chechnya Ramzan Kadyrov, Kadyrov wrote on his Instagram page. "During the friendly conversation, …
The average interest rate on Russian mortgage loans is expected to fall to 10% by the end of the year from around 11% currently, CEO of the country’s second biggest lender VTB Bank, Andrei Kostin, said at a meeting …
