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Russia's two largest banks, Sberbank and VTB will establish an airline for interregional flights, business daily Vedomosti reported.citing sources in the industry. The share of flights without stopovers in Moscow amounted to only …
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 …
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 …
The European Court of Justice (ECJ) has dismissed a motion filed by Russian companies and banks - Sberbank, VTB, Vnesheconombank, Rosneft, Gazprom Neft and Almaz-Antey – to annul the EU’s sanctions, TASS reports from the …
Oleg Deripaska’s aluminium-to-energy group En+ has presented the final version of a plan to the US Treasury in a bid to free itself from sanctions, which threaten to sink the company and upend global metal markets, The …
The Russian Ministry of Finance will facilitate the terms of sale of Federal Loan Bonds (OFZ) for the population. According to Deputy Head of the department Sergey Storchak, this decision is caused by the impossibility of …
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 …
Residents of Crimea will be able to receive services in Sberbank and VTB, the Chairman of the State Duma Committee for the Financial Market, Anatoly Aksakov said on the sidelines of the Blockchain and Cryptocurrency Summit - WBCSummit. …
Sberbank has ceased to be the most reliable bank in Russia, according to Forbes ranking of the 100 most reliable Russian banks of the current year, based on their international ratings. It was bypassed by three credit organizations: Rosbank …
Russia’s VTB Bank said that it acquired 29.099996% of shares in Magnit through subsidiary VTB Infrastructure Investments LLC. On February 16, VTB spent $2.5 billion on a 29.1% stake in Russian supermarket chain Magnit, …
Armenia's Investigative Committee initiated a criminal investigation into the circumstances of the attack on the branch of the VTB Bank in Yerevan. The criminal case has been opened on the basis of clause 1 of part 3 of …
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 Group completed restructuring of its European operations. On December 29, 2017, VTB Bank (Austria) AG, VTB Bank (Deutschland) AG and VTB Bank (France) SA, were merged into the newly created VTB Bank (Europe) SE, which operates under a single …
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 …
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 Group Chief Executive Officer Andrey Kostin dismissed the threat of new US sanctions against Russia, although he said he’s no longer counting on relief from the penalties. "Russia is just some …
Azerbaijan's increasing significance for world gymnastics is natural, the First Vice-President of the International Gymnastics Federation (FIG), President of the Federation of Sporting Gymnastics of Russia, First Vice-President and …
For the first day, the Russians bought government federal bonds for individuals - 'people's bonds' - in the amount of 696.8 million rubles, the Russian Ministry of Finance said. "The placed volume is 696,807 million …
