VTB to maintain presence in China, India, other friendly countries, CEO says


Source: tass.com tass.com

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VLADIVOSTOK, September 6. /TASS/. VTB plans to maintain presence on the markets of China, India, Kazakhstan, Vietnam and other friendly countries, Chief Executive Officer of Russia’s second-biggest lender Andrey Kostin said on Tuesday, adding though that the bank had no plans to open new subsidiaries there so far. "Unlike other banks, we are not leaving, excluding Georgia probably as the issue is pressing there. Unlike Sberbank, Alfa-Bank, we maintained our subsidiary in Kazakhstan. We have a bank in Shanghai," he told reporters on the sidelines of the Eastern Economic Forum, adding that "in this respect it is difficult to open...