All articles tagged "VTB"

Russian state moves to sell vodka assets Russian state moves to sell vodka assets

20 Apr, 11:49 PM 7 comments

Russian VTB Bank is searching for a buyer for assets it received from the Russian government as payment for the debts of federally owned state enterprise Rosspirtprom. The bank has stakes in eleven of Russia's biggest alcohol companies which are valued at $149 million.

Tags: VTB

S&P; predicts Russian banks' collapse with big credit losses S&P predicts Russian banks' collapse with big credit losses

20 May, 10:56 PM 7 comments

Problem loans could soar to 35-50 percent of total lending in Russia, Ukraine and Kazakhstan, though actual loan losses will be no more than half that level in Russia, Standard & Poor's said on Tuesday.

Tags: Russia, Ukraine, Kazakhstan, banks, Standard & Poor, Sberbank, VTB, Alfa Bank, Petr Aven

President Medvedev flies to Germany to sign $704 million credit agreement President Medvedev flies to Germany to sign $704 million credit agreement

16 Jul, 10:49 PM 15 comments

Vnesheconombank, Russia’s state development bank, will sign a 500 million euro ($704 million) credit agreement with Frankfurt-based Kreditanstalt fuer Wiederaufbau for financing joint projects.

Tags: Dmitry Medvedev, Angela Merkel, Germany, VTB, Opel,



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