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Russia VTB wants to open privatization

Sept. 15, 2010 - Source: Reuters

The government owns an 85.5 percent stake and a Finance Ministry official has said Russia may sell 10 percent in VTB in 2010 and divest another 25 percent in 2011-2013.

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VTB Bank history is the history of establishing a standard-bearer for the Russian banking industry. Nowadays, VTB plays the key role in lending to the economy and developing the retail ...


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