Official says VTB Capital can expand presence in Turkey, Africa - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Official says VTB Capital can expand presence in Turkey, Africa

MOSCOW, Jun 13 (PRIME) -- VTB Capital plans to expand its presence in Turkey and Africa, Senior Vice President of VTB Riccardo Orcel told PRIME in an interview published on Tuesday.

УWe are very active in Turkey, where local banks have fewer opportunities to give loans to companies due to a tough financial situation, so Ц as a source of additional financing Ц we are discussing with clients a Eurobond issuance, which would attract investor interest. Besides we are interested in selective bond placement for clients in Africa,Ф Orcel said.

He said that the bank has an office in Angola and its main clients are oil and mining companies. VTB also hopes to continue to provide sovereign debt services in the country.

VTB Capital discusses a panda bond issuance with Chinese banks because many Russian clients are considering the opportunity, Orcel said. УI think that in the future, China may become a new debt market for Russian companies.Ф

End

13.06.2018 08:45
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.6844 -0.3909 25 sep
USD 66.1594 -0.0903 25 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1162.98 +1.17 18:50 24 sep
micex 2430.01 +0.13 18:50 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 159.00 +0.23 18:49 24 sep
lkoh 4780.00 +0.90 18:48 24 sep
rosn 447.05 +1.51 18:48 24 sep
sber 198.75 +2.75 18:49 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.5600 -0.8850 14:59 24 sep
USDTD 65.7650 -0.7025 17:44 24 sep