MOSCOW, December 24. /TASS/. The Russian stock market will hardly grow quickly at present but it is promising nevertheless, CEO of VTB Bank Andrey Kostin said on the air with the Channel One.

"I would not ignore the stock market completely. Certainly, it will hardly grow very quickly at present but the value of Russian assets is so low now that over time, if you have funds to invest for several years, it is to grow definitely. When geopolitics normalizes and it will normalize nevertheless. Therefore, the stock market is promising in any case. Prices are very low," Kostin said.

The regulator expects stable growth of the Russian stock market, Governor of the Bank of Russia Elvira Nabiullina said earlier.