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Russian Finance Ministry proposes not privatising sanctions-hit VTB bank
June 6, 2017 / 10:59 AM / 4 months ago

Russian Finance Ministry proposes not privatising sanctions-hit VTB bank

The logo of VTB bank is seen at a branch office in Vienna, Austria, September 5, 2016. REUTERS/Heinz-Peter Bader

MOSCOW (Reuters) - Russia’s Finance Ministry has proposed refraining from privatising VTB (VTBR.MM), the country’s second-largest lender, because the bank is now under Western sanctions, Russian Finance Minister Anton Siluanov said on Tuesday.

Reporting by Polina Nikolskaya; Writing by Dmitry Solovyov; Editing by Jack Stubbs

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