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Sovereign wealth funds on euromoney.com

Sovereign wealth funds on euromoney.com

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Country risk index

Country risk index

Bi-annual survey monitoring political and economic stability of 185 sovereign countries

Wednesday, March 5, 2008

VTB bank plans to increase small businesses’ lending to USD 400mn in 2008.





VTB bank plans to increase small businesses’ lending to USD 400mn in 2008. VTB revealed its intention to increase small businesses’ lending to USD 400mn in 2008. During 2007 the credit portfolio of small businesses’ lending grew 3.5-fold to USD 180mn. The bank operates with 33 structural entities providing such services in 26 cities and towns over the country. In 2007 the bank posted net profit of UAH 11.545mn. As of Jan 1, VTB bank net assets amounted to UAH 11,707.6mn (USD 2.3bn), credit portfolio stood at UAH 9,125.4mn, and capital reached UAH 789mn. VTB ( Russia ) controls 99% stake in the bank.







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