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Russia's VTB says it's continuing search for Ukraine subsidiary buyer
Journal Staff Report

MOSCOW, Feb. 8 - VTB is continuing negotiations on the sale of its Ukrainian subsidiary with all interested parties, the Russian state bank's press service said on the lender's Facebook page.

The deputy head of the National Bank of Ukraine, Kateryna Rozhkova said on Tuesday that banks with Russian capital in Ukraine have two choices: either find a new owner or gradually reduce their presence on the market. She said negotiations are already being held on the sale of VTB Bank and Prominvestbank, a subsidiary of Russian state development bank VEB, and there are several interested investors, both Ukrainian and foreign.




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