Select your city:
Moscow

VTB Bank call center

+7 (800) 200-77-99
+7 (495) 739-77-99
For general information and enquiries

VTB sells Belarusian subsidiary to local regulator

 
29 October 2014

© photoexpress.ru

On 28 October, VTB Bank signed an agreement in Minsk to sell 100% of its shares of Bank of Moscow-Minsk to the National Bank of the Republic of Belarus.

"We are happy to announce that VTB Bank has reached an agreement following successful negotiations with the National Bank of Belarus," said Senior Vice President and Head of the Financial Subsidiaries Division Mikhail Yakunin. "In accordance with our business development strategy, will focus on only one Belarusian subsidiary going forward: Bank VTB (Belarus). I would also underscore that the deal was conducted in Russian and Belarusian roubles, which is in line with our policy to perform transactions in national currencies."


Tags:
VTB Group

Back to the list



VTB group news subscribe
  • E-mail subscribe
  • RSS lent
    Subscribe
    Subscribe
Download the list of cities.....