Date: 8 months ago   Category: Finance

Kostin has commented on sale of the American business of VTB — Rambler News Service


Photo: To RIA News/Evgeny Biyatov the American division of VTB — VTB Capital — has been sold not for political reasons, the head of VTB Andrey Kostin has told journalists. "The company is quite good, will work. Any special (sale reasons. — RNS) that political some goals were also other … Have just decided that it is necessary to be reduced" — he has told. According to Kostin, it was absolutely small company. "There about 20 people worked today, in my opinion," — the head of VTB has added. On September 3 it was reported that the VTB Group has sold the American division of VTB Capital which is located in New York, to management of this company. VTB noted that the transaction won't influence the grocery offer and quality of the provided services to clients of group. Kostin has emphasized that the bank continues work in Europe. "With Europe isn't present, we there a little bit reduce, we move someone to Frankfurt, someone to Russia... but in general not, we will work" — he has told.

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