Andrey Kostin

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 Azerbaijani President meets VTB Bank President

Azerbaijani President meets VTB Bank President

Azerbaijani President Ilham Aliyev has received the President and Chairman of the Management Board of VTB Bank Andrey Kostin. At the meeting they emphasized the excellent organization of the …

 VTB CEO: Russia's key interest rate could be cut

VTB CEO: Russia's key interest rate could be cut

VTB Bank Chief Executive Andrei Kostin said he thought there was scope for rate cuts in Russia and that the key rate, now at 10 percent, could be cut by 0.25-0.50 percentage points. Kostin was speaking to journalists on …

Andrei Kostin: dollar to decline by six rubles

Andrei Kostin: dollar to decline by six rubles

Until the end of 2017, the ruble exchange rate may strengthen by 10%, the head of VTB Andrey Kostin said. "We believe that the ruble had to strengthen, but it was before  the government announced the …

VTB: Bank of Russia may reduce key interest rate to 7-8%

VTB: Bank of Russia may reduce key interest rate to 7-8%

The Central Bank of Russia may reduce the key interest rate to 7-8% in the next year, the president of Russia's VTB Bank, Andrei Kostin, said. "There is a chance that the key rate in 2017 will be reduced to …

Putin: privatization should be as transparent as possible

Putin: privatization should be as transparent as possible

"The implementation of state property privatization should be economically justified and appropriate. It is necessary to take into account the market situation and market trends... There should be no sale of shares for a pittance and for knock-down prices. …

World Economic Forum opens in Davos

World Economic Forum opens in Davos

The World Economic Forum, which annually brings together leading representatives of political and business elites, will open in the Swiss ski resort of Davos today. According to organizers, its main theme is the beginning of the fourth industrial revolution, however, the participants will also discuss a number of pressing political and economic issues, including the unprecedented drop in oil prices, the lifting of sanctions against Iran and the terrorist threat.

Putin: peak of crisis has passed

Putin: peak of crisis has passed

Today Moscow is hosting the 7th Russia Calling! Investment Forum organised by VTB Capital. The participants are discussing the priorities of development of the Russian economy, promotion of regional growth and the main trends in the …

Kostin: situation in Greece won't affect Russian economy

Kostin: situation in Greece won't affect Russian economy

The head of VTB, Andrey Kostin, sees no negative impact on the Russian economy from the Greek crisis. "I do not see any negative impact on the Russian economy or Russia, although any shock in Europe won't lead to anything be