VTB has confirmed plans to recapitalise subsidiaries in Ukraine
VTB has no plans to leave the Ukrainian business in the first quarter of the year is expected recapitalization of Ukrainian subsidiary of the Bank, said the head of VTB Andrey Kostin.
"No, right now We have adopted the opinion on the deficit, conduct corporate procedures in the first quarter will carry out the recapitalization of our Bank for hundreds of millions of dollars," he told reporters on the first day of the weekend on the sidelines of the Munich security conference. According to him, the loss of VTB Ukraine last year was about 40 billion rubles.
"We're pretty serious Losses there are, but will work as long as. Losses over the past year about 40 billion rubles, " said Kostin.
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