Title for Episode VIII of world’s famous saga ‘Star Wars’ revealedSociety & Culture January 23, 21:19
Russia’s chief negotiator: Astana format gives hope for new level in negotiating processRussian Politics & Diplomacy January 23, 20:52
Astana talks focusing on mechanism of Syria ceasefire observance — oppositionWorld January 23, 20:23
Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
MOSCOW, December 30. /TASS/. VTB Bank, Russia’s second largest lender by assets, has received the first aid tranche of 100 billion rubles ($1.8 billion) from the National Welfare Fund, the bank said in a statement on Tuesday.
VTB will use the funds placed into a subordinated deposit to finance sustainable infrastructure projects on the list approved by the Russian government, the bank said in a statement.
“As a result, the bank’s capital adequacy ratio under Russian Accounting Standards will exceed 12%,” the statement said.
VTB Bank is expected to receive the second installment of 150 billion rubles ($2.6 billion) from the National Welfare Fund by the end of the first quarter of 2015, the statement said.