VTB

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VTB is a major Russian bank, the second largest in the country by size, established in 1990, with over 30 million clients and more than 1,800 branches. It faces financial challenges, including a 19.8% year-on-year decline in net profit for the first half of 2026 and historically low stock prices below 57 rubles. The bank is actively involved in strategic initiatives such as financing large industrial projects and expanding partnerships with Wildberries, including the sale of office properties. VTB has also been affected by international sanctions, with its Indian subsidiaries included in the…

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