Russian Baltic Fleet’s training ship Smolny ends its visit to GreeceMilitary & Defense October 24, 21:23
Diplomat: US needs alleged attack on Russian ministry website to hype up cyberwar topicRussian Politics & Diplomacy October 24, 21:03
IOC confirms talks between Thomas Bach and Russia’s whistleblowing couple StepanovsSport October 24, 20:34
Scottish rockers Nazareth will record album with new vocalist in 2017Society & Culture October 24, 20:23
Lavrov, Kerry agree to continue consultations on Aleppo — ministryRussian Politics & Diplomacy October 24, 20:11
Russian diplomat does not rule out Ukraine may provoke another gas crisis with EURussian Politics & Diplomacy October 24, 19:50
Moscow court turns down complaint by Stalin’s grandson on justification of NazismSociety & Culture October 24, 19:39
Russia's Ryazan governor says death toll in house explosion climbs to 7Society & Culture October 24, 19:28
Czech ministry does not expect extradition request for Russian national from US this weekWorld October 24, 19:16
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.