VTB CEO sees 2023 profit at around 420 bln roubles -news agencies
Russia's second largest bank VTB could make a profit of around 420 billion roubles ($4.46 billion) in 2023, news agencies quoted CEO Andrei Kostin as saying on Tuesday. ($1 = 94.2500 roubles)
- Country:
- Russian Federation
Russia's second largest bank VTB could make a profit of around 420 billion roubles ($4.46 billion) in 2023, news agencies quoted CEO Andrei Kostin as saying on Tuesday. Kostin said the bank, which plunged to a sanctions-induced loss in 2022, planned to use the profits to replenish its capital.
Kostin said the bank was ready to invest up to 1 trillion roubles in floating-rate government debt. ($1 = 94.2500 roubles)
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