Russia's VTB says it does not hold high hopes sanctions will be lifted soon
ReutersFeb 18, 2025 12:33 PM
MOSCOW, Feb 18 (Reuters) - Russia's second-largest lender VTB VTBR.MM said on Tuesday it does not hold out high hopes that sanctions will be lifted soon, the bank's chief financial officer Dmitry Pyanov said.
Even in the event of a peaceful resolution of the conflict in Ukraine, companies from Russia are unlikely to be immediately allowed to operate in Western markets, Pyanov said.
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