VTB's statement


Over the last few days a number of international and Russian media have reported that VTB Group had allegedly granted a loan to QIA to acquire shares of Rosneft. VTB Group has repeatedly stated that this was not the case.

To resolve this dispute, we suggest that media outlets disseminating this information enter into legally binding agreements with VTB: if their claims are incorrect, each of them will pay RUB 1bn to VTB Bank through a transfer to our account (account number: 70601 810 5 5555 29407 02).

VTB Group would like to once again state and emphasize that since 2014, it has not granted any loans to QIA.