VTB has become the owner of the First Freight Company, said the bank's head Andrei Kostin on the sidelines of the Eastern Economic Forum. Deal amounted to ₽200 billion.

VTB's IFRS net profit in July 2024 amounted to ₽20.8 billion, down 41.6% from ₽35.6 billion in the previous year. Net interest income fell 34.2% to ₽43.4 billion from ₽66 billion a year earlier. Commission income rose 14.4% to ₽22.2 billion.

VTB plans to merge with Pocht Bank in 2026, VTB President Andrey Kostin said. He also noted that this transaction has already been agreed with the Federal Antimonopoly Service. Earlier it was reported that the benchmark for the price of the transfer of Post Bank to VTB is one capital, which on June 1 amounted to ₽70.9 billion.

VTB's IFRS net profit for 6 months of 2024 amounted to ₽277.1 billion, down 4.4% from ₽289.8 billion in the previous year. Net interest income fell 22.7% to ₽288.3 billion from ₽372.8 billion a year earlier. Commission income rose 15.2% to ₽112.4 billion.