VTB's RAS net profit for 9 months of 2024 amounted to ₽211.03 billion, up 26.4% from ₽166.99 billion in the previous year. Net interest income fell 38.4% to ₽250.31 billion against ₽406.54 billion a year earlier.

VTB's IFRS net profit for 9 months of 2024 amounted to ₽375 billion, down 0.3% from ₽376.3 billion in the previous year. Net interest income fell 26% to ₽422.2 billion from ₽570.8 billion a year earlier. Commission income rose 18% to ₽186.6 billion.

VTB may become one of the state-owned companies whose shares will be sold by the government, sources told Frank Media. Both the sale of the stake to a strategist and the placement of state-owned shares on the stock exchange are being discussed. Sources of the publication do not say what exactly VTB shares are planned to be sold, but one of them says that the...

VTB intends to use the permission for transactions with unfriendly minority shareholders only for reorganization, said the bank's deputy chairman Dmitry Pyanov. VTB plans to merge RNKB in 2025, Pochta-Bank in 2026, and in 2024 FC Otkritie Bank will be merged with BM-Bank, to which the group will also merge Sarovbusinessbank. And already in 2025, the merged B...