VTB group is ready to sell his business in Ukraine

Группа ВТБ готова продать свой бизнес в Украине

VTB is ready to sell its Ukrainian business

VTB group bears heavy losses in Ukraine, in the Bank there are large defaults on loans.

VTB group is ready to sell business in Ukraine in case of interesting offers, said the Russian service bi-Bi-si, the press service of the Bank.

“VTB group bears heavy losses in Ukraine, in the Bank there are large defaults on loans, and therefore last year we had to create substantial reserves, – said the representative of the Bank. – In addition, the theme of the presence of Russian banks in Ukraine is extremely politicised. Radical political circles of Ukraine regularly speculate on this for their own purposes. Branches of VTB Ukraine has repeatedly been vandalized”.

These factors create a very uncomfortable atmosphere for the continuation of the work of VTB in Ukraine, said the Bank.

Now the Bank in Ukraine operates normally and fulfills obligations to customers, said in comments to the press service.

“Any change of shareholders of the Bank should strictly ensure stability and protect the interests of corporate clients and depositors of the Bank”, – said the representative of VTB.

Sberbank denies sale of Ukrainian assets

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