Ministry reports US spy agencies' latest attempt to recruit Russian worker was on Jan 14Russian Politics & Diplomacy January 18, 21:57
Austria’s president-elect says he is ready to maintain good relations with RussiaWorld January 18, 21:50
Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
Russia, Turkey report 14 ceasefire breaches in Syria per dayWorld January 18, 19:17
Analyst believes removal of sanctions can be political bargaining chip with RussiaRussian Politics & Diplomacy January 18, 18:45
Arctic Forum’s task is to change perception of region as source of raw material — officialBusiness & Economy January 18, 18:28
OPEC revises Russia’s oil production outlook downward by 110,000 bpd in 2017Business & Economy January 18, 18:20
MOSCOW, April 10. /ITAR-TASS/. London-based subsidiary of Russia's second-largest lender, VTB Group, faces with "politically motivated" complexities brought up by the Bank of England, VTB chief Andrei Kostin said Thursday.
"In recent weeks we have been experiencing a very strong pressure on the part of the Bank of England with regard to our bank VTB Capital plc. This is the only Russan bank with a full license. Attempts are being made to place demands on us, the demands that are incompatible with the regular supervision practice," Kostin pointed out in an interview published in the newspaper Izvestia on Thursday. "We applied to the Central Bank of the Russian Federation (CBR) a request to render assistance in talks with the Bank of England, because those demands do not conform to a professional approach. They contain, rather, a large share of political motivation. All verifications testified to the fact that the bank is reliable and stable and does not bring about problems for the UK financial sector".
The chief of the VTB Group sets hope on the possibility to prove that "this kind of actions with regard to the Russian bank in the UK in not quite compatible with international norms of supervision".
In response to a question whether VTB plans to seek Russian government's protection, Kostin said, "We are operating in the territory of another state and in line with UK law which we do not break. I consider that talks through the CBR will be most effective".