Kostin · VTB · bank (костин · втб · банк)
Putin noted the positive dynamics of VTB's work at a meeting with Kostin. Putin will host VTB head Kostin on Friday.
Consensus
- President Vladimir Putin met with Andrei Kostin, chairman of VTB Bank
- The meeting occurred in the Kremlin on July 3rd
- Kostin reported quarterly results to Putin
- VTB is described as one of Russia's largest and system-forming banks
Points of divergence
- Putin stated that VTB's performance is positive across all key indicators — vedomosti
- VTB shareholders approved an additional share issuance of 314 billion rubles through open subscription — vedomosti
- VTB plans to complete the additional share issuance by end of summer — vedomosti
- VTB shareholders also approved dividends at 25% of net profit, or 9.71 rubles per share — vedomosti
Coverage (2 sources)
Key entities