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Tatiana Voronova

Russia's VTB says quarterly net profit down 93%, could slash dividends

07 Aug 2020

MOSCOW Russia's second-largest lender VTB said on Friday its second-quarter net profit fell 93% as provisions against bad loans mounted amid the coronavirus crisis, prompting management of the state-run bank to recommend slashing dividends.   

UPDATE 2-Russia's Sberbank Q2 hit by provisions, but fewer than Q1

30 Jul 2020

MOSCOW, July 30 Sberbank's net profit fell 33.4% year-on-year in the second quarter, but rose from the quarter before as Russia's largest lender made fewer provisions against bad loans stemming from the coronavirus crisis.

Exclusive: Russia's Sberbank may be able to write off $2 billion state loan - sources

20 Jul 2020

MOSCOW Russia's Sberbank may be allowed to write off 150 billion roubles ($2 billion) in a subordinated loan from the central bank as part of the state's support for its biggest bank during the COVID-19 crisis.

Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources

17 Jun 2020

MOSCOW Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.

Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources

17 Jun 2020

MOSCOW Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.

Russians make a dash for the dacha during coronavirus lockdowns

09 Jun 2020

MOSCOW Russians rushed to purchase or rent country homes and plots of land to escape large cities during more than two months of lockdowns designed to curb the spread of the novel coronavirus, data from real estate brokers shows.

UPDATE 1-Russia's Sberbank in talks to buy stake in online retailer Ozon -sources

04 Jun 2020

* Sberbank plans to transform into banking-to-online group (Adds detail, quotes, background)

Russian village building LNG supply plant to get new hospital after COVID-19 outbreak

28 May 2020

MOSCOW Russia's Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak of the new coronavirus.

Russian village building LNG supply plant to get new hospital after COVID-19 outbreak

28 May 2020

MOSCOW, May 28 Russia's Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak of the new coronavirus.

Moody's sees Russian consumer, SME loans hit badly by coronavirus

21 May 2020

* Retail loans, SME lending one of the most profitable for banks

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