VTB's IFRS net income for 10M 2021 was ₽279.9bn, up 4.3 times from ₽64.5bn in the previous year. Net interest income rose 22.5% to ₽532.9 billion from ₽434.9 billion a year earlier.

VTB has launched online and mobile acquiring services for businesses. Legal entities can remotely sign up for the service, track all acquiring transactions online and use analytics to evaluate the performance of retail outlets. Entrepreneurs can see statistics on the average receipt, the volume of customer spending at a point of sale per month, the distribut...

VTB sold 4.9% of Magnit through ABB for ₽5700 per share. VTB is selling the remaining 12.4% to Marathon Group at the same price. As a result, Marathon Group's stake will increase to 29.2%. However, the increase of shareholding over 25 percent is yet to be coordinated with FAS. In this regard, the company will initially dispose of a quarter of Magnit's securi...

VTB plans to sell about 17.28% of Magnit shares. The bank will sell 4.4% of its stake under the accelerated order book procedure, while the remaining 12.88% of shares will be sold to Marathon Group. Thus, VTB will completely withdraw from the capital of Magnit.