VTB Bank's First Deputy CEO Dmitry Pyanov stated that the bank expects the Central Bank of Russia to increase its average key rate forecast for 2027 from 8-9% to 10-11% at the next meeting, citing the primary budget deficit.
Orenburg Region Governor Evgeny Solntsev signed cooperation agreements with VTB and Alfa-Bank at the St. Petersburg International Economic Forum (SPIEF). He also met with Sberbank representatives to discuss financing a waste processing plant. The agreements aim to boost the region's economy through investment, innovation, and SME support.
Between 10 and 20 VTB client companies are considering entering the public capital market, according to VTB Board Member Vitaly Sergeychuk at the St. Petersburg International Economic Forum. He cited macroeconomic environment, investor caution, and preparation requirements as IPO constraints.
IC Group and VTB Bank signed an agreement at SPIEF 2026 to build the first data center in the Donetsk People's Republic (DPR). The project, with investments up to 20 billion rubles, aims to boost the region's digital economy and is expected to be completed by 2036.
VTB CEO Andrey Kostin stated that growing investor interest from China, Persian Gulf states, and other countries in Russia is a positive development, noting that the Russian market needs foreign investment.
VTB CEO Andrey Kostin announced high-level meetings with Saudi Arabia, Bahrain, and the UAE will take place on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2026). The forum, themed "Pragmatic Dialogue: The Path to a Stable Future," runs from June 3-6, with Saudi Arabia as the guest country.
Assets of the group grew by 3.1% year-to-date to $505.7 bln
MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to MauritiusDays after the first wave of Russian tanks surged over the border into Ukraine in March 2022, dockers at a port in northern England took a stand.Appalled by Vladimir Putin’s brutality, workers at Ellesmere Port in Cheshire vowed never to unload any Russian oil destined for the nearby Stanlow refinery, a major hub for UK fuel supplies. Continue reading...
