June 5, 2019 / 11:47 AM / 3 months ago

Russia's VTB plans to pay 50% of profit in dividends soon - CEO

MOSCOW, June 5 (Reuters) - Russia’s second largest lender VTB plans to return to paying 50% of its net profit in dividends soon, VTB Chief Executive Andrey Kostin said on Wednesday.

Kostin also said there was a possibility that Russia’s central bank would lower its key rate in the second quarter of 2019. (Reporting by Elena Fabrichnaya; writing by Anton Kolodyazhnyy, editing by Louise Heavens)

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