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VTB decided not to open separate branches in Crimea

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VTB Bank intends to work in Crimea through the RNCB, but will not open separate branches of its own on the peninsula, said the head of the financial institution Andrey Kostin.

“RNKB was once created on the basis of our subsidiary bank. We gave him the Crimean network and VTB staff and donated his shares to the government. And today, in this way, we simply return to the Crimea. ”– Kommersant quotes him as saying.

Kostin added that he sees no point in opening separate branches of VTB, since RNKB already serves almost 70% of local customers. He stressed that it would be more logical to develop the already existing network. At the same time, the head of VTB ruled out the possibility of a merger of the bank with RNKB.

As reported IA REGNUMin April 2022, the head of VTB Andrey Kostin did not rule out that the financial …

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