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Article: UKRAINE-RUSSIA-VTB-RISKS.
- Article from:
- Ukraine News
- Article date:
- March 21, 2005
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UKRAINE-RUSSIA-VTB-RISKS
VTB does not expect great risks in Ukraine
Kyiv, March 21 (Interfax) - Vneshtorgbank (VTB), the Russian bank for foreign trade, does not expect that its work on the Ukrainian market will involve significant risks, said VTB President and Chairman Andrei Kostin.
"We do not assess our work on the Ukrainian market as highly risky, we believe this risk is acceptable," Kostin told journalists in Kyiv on Saturday.
The VTB opened a subsidiary in Ukraine on Saturday.
"The Russian and Ukrainian markets are similar, and therefore the VTB understands the risks existing on the Ukrainian market," Kostin said. In ...