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Sanctions-hit VTB Bank has several plans to minimise impact on its clients -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO : VTB’s logo can be seen at St. Petersburg International Economic Forum in Saint Petersburg (Russia), June 3, 2021. REUTERS/Evgenia Novozhenina

MOSCOW, (Reuters) – Russia’s second largest lender VTB was subject of a new round of British sanctions. The company said Thursday that they had developed several plans in order to reduce the damage on their clients.

According to the statement, “Sanctions have become a part of our reality over recent years. Another round politically motivated anti Russian sanctions was not surprising.”

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