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Russia’s VTB considers winding up business in Serbia, India, Vietnam

April 10, 2014, 17:37 UTC+3 MOSCOW
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MOSCOW, April 10. /ITAR-TASS/. VTB, one of Russia’s biggest banks, is looking at winding up its business in Serbia, India and Vietnam, VTB CEO Andrei Kostin told a news conference on Thursday.

“We are not planning to expand our activity at foreign subsidiaries, moreover, we are scaling down our presence in some countries,” he said. “We consider winding up our business in India, Serbia and Vietnam. We do not plan to expand our activity in Western Europe either."

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