But in what form is yet to be determined.
Andrey Kostin
(Photo: Vladimir Astapkovich / RIA Novosti)
VTB, which has been sanctioned by the United States and Great Britain, will operate in Crimea, and the format of activities on the territory of the republic is now being discussed, the head of the bank, Andrey Kostin, told reporters after a meeting in the State Duma. Broadcast led TV channel “Russia 24”.
“We are currently considering different options. Of course, Crimea is our territory, and we will work there, but in what form It seems to me that now it is very important to attract more investments to Crimea, first of all, to the recreation industry,” he said.
According to Kostin, VTB will be recapitalized, but it is not yet known how much. He noted that the dynamics of these processes will become clear during the year.
Kostin also stressed that Russia is currently not in a state of default, “absolutely solvent” and can pay off its foreign debt.
The material is being added.
