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VTB WILL TRANSFER ASSETS WORTH 170 BILLION RUBLES TO A NEW LEGAL ENTITY

VTB shareholders (MOEX: VTBR) have approved the creation of a separate legal entity to manage blocked assets. This decision was made at an extraordinary meeting. By the end of 2024, the bank intends to transfer assets and debts to creditors from unfriendly ...

BANKS HAVE INTRODUCED A NEW COMMISSION FOR MORTGAGES

... mortgages under market programs. The fee will apply to housing developers or borrowers themselves. The new mortgage commission will affect transactions for the purchase of primary and secondary housing, as well as private homes. It already operates in VTB, Sberbank and Alfa-Bank, Kommersant reports. As experts explain, such a fee is a necessary measure. Earlier, the Bank of Russia reduced the possible maximum full cost of the loan. If the costs are included in the loan amount itself, then its full ...

DZERZHINSK DESIGN INSTITUTE WAS DECLARED INSOLVENT

... attention of officials to the situation in the bankrupt organization and to prevent further ruin and liquidation of the enterprise that has existed since 1952. Surveillance at the enterprise was introduced in 2021. The largest creditors were Russian banks (Sberbank, VTB, Rosselkhoznadzor), demanding millions of rubles from the company. The debt to Sberbank amounted to 1 billion. The organization owes VTB more than 700 million rubles. In 2020 , the company 's assets were estimated at 19.2 billion . At the same time,...

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