VTB Doubles Down: Russia's Pivot to Friendly Countries
Update: 2025-09-17
Description
VTB Bank is doubling down on its economic ties with friendly countries, aiming to handle 30% of Russia's activity with them by 2026. This bold move, driven by sanctions and geopolitical shifts, signals a major reorientation of Russia's financial landscape towards Asia, the Middle East, Africa, and Latin America, but can VTB manage the risks of rapid expansion into unfamiliar markets?
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