Conversion of VTB preferred shares into ordinary shares depends on their valuation, the terms of issue and the rules for investing NWF funds, said Dmitry Pyanov, first Deputy Chairman of the bank's board. When asked about the possible timing of the conversion, he said it was definitely not 2025.

Shareholders of VTB Bank approved dividends for 2024 in the amount of ₽25.58 per ordinary share. The last day of purchase of securities to receive dividends is July 10, 2025. Dividend yield may amount to 24.22%.

VTB's net profit under IFRS for 5 months of 2025 amounted to 233.6 billion rubles, an increase of 0.1% compared to 233.4 billion rubles in the previous year. Net interest income decreased by 54.9% to ₽110.1 billion from ₽244.1 billion a year earlier. Commission income increased by 34% to ₽119.8 billion.

VTB has completely withdrawn from the list of shareholders of the online cinema Ivi, said the head of the bank Andrey Kostin. Sale of a minority stake of about 15% was recently completed. Its terms are not disclosed. Bank became an Ivi investor in 2021 as part of a consortium that invested $250 million in the platform. Other participants in the deal then inc...