Foreign Institutional Investors Fret Over VTB Bank

Posted on 03/16/2015


VTB Bank, Russia’s state-controlled bank and second biggest lender, faced a drastic loss in profit margin in 2014 and could take sustained losses in 2015 due to Russia’s high interest rates and ongoing sanctions with the West. Along with its larger rival Sberbank, the geopolitical situation in Eastern Ukraine has taken a toll on Russian […]

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