VTB

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VTB is described as Russia's second-largest bank, established in 1990, with over 30 million clients and more than 1,800 branches. The bank has faced significant stock price declines, hitting a historical low of 57.8 rubles on July 16 amid broader market weakness and corporate developments, including dividend distribution concerns. VTB is pursuing strategic initiatives such as expanding QR code payments to Argentina and forming partnerships with major Russian companies like Wildberries and Ozon. It has also been targeted in U.S. legislative proposals for sanctions alongside Sberbank, Gazpromba…

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