08.12, 13:37 VTB Group, Russia’s second largest banker, boosted its net profit 87% in the first nine months of 2011 year on year. Higher efficiency, as well as healthy lending growth helped the Group to offset global trends.
01.09, 11:29 Russia’s second largest bank, VTB, has posted a 1H 2011 net profit of 53.6 billion roubles under IFRS.
20.11, 04:55 As Russia, Belarus and Kazakhstan move a step closer to a Common Economic Space, a union bearing similarities with the EU, could they run into the same troubles? The man at the heart of the matter explained to RT how to avoid pitfalls.
Eurozone crisisPublished: 09 December, 2011, 14:03
Denis Sinyakov / Reuters(54.7Mb) embed videoTo include this chart in your web page, paste the following HTML tag into your web page HTML: TAGS: Russia and the global economy, Corporate news, Resources, Banking, Economy, Finance
While the EU struggles with the debt crisis which has almost spiralled out of control Russia is trying to distance itself by expanding export opportunities. Herbert Moos CFO of VTB says Russia will do well to learn from the EU experience.
Today: 13:29 Travelers flying from Russian airports may have to go 'cold turkey' as new regulations will force duty free shops to stop selling alcohol.
Today: 17:03 New Central Bank requirements for a minimum of capital could put dozens smaller Russian banks out of business. They have less than a month left to bring their capital up to mandatory 180 million rubles by January 1, 2012
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