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VTB comment on stock market indices

 
7 August 2014

© photoexpress.ru

VTB Group, including VTB Bank and all its subsidiaries, is fully compliant with all capital adequacy requirements set by Russian and international regulators. Following the Russian Government’s recently announced measures to support the banking sector, including providing additional Tier 1 capital to VTB Bank, at the end of the current quarter VTB Group expects to have a Basel Tier 1 capital ratio of around 12.5% and a total capital adequacy ratio of around 14%.

As a result, VTB has no plans to issue additional shares through the end of 2014 or in 2015.

As such, VTB does not envisage the creation of a new class of shares that could affect the accuracy of stock market indices.


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