VTB CEO Sees Grounds to Hope Worst Is Behind for Russia-U.S.

The transcript discusses VTB's strategy to regain control of its shares, the impact of geopolitical relations on business, and the strong performance of the Russian banking sector. It also covers VTB's IPO plans and international operations, particularly in London, and addresses the role of the dollar and inflation trends in Russia. The discussion highlights the challenges and opportunities faced by VTB in the current economic and political climate.

What was the primary reason for VTB's decision to regain control of the bank?

• To comply with new regulations

• To reduce operational costs

• To expand internationally

• To integrate the bank within the VTB Group

How did the geopolitical environment affect VTB's operations?

• It resulted in increased sanctions against VTB

• It led to the closure of international branches

• It had no impact on VTB's operations

• It created a stable environment for growth

What is VTB's approach to its private equity investments?

• Exiting all international markets

• Focusing solely on domestic investments

• Selling all assets via IPOs

• Retaining most assets while facilitating client IPOs

How does VTB view its operations in London post-Brexit?

• Focusing only on domestic markets

• Planning to close all operations

• Relocating all staff to Frankfurt

• Maintaining a presence as a strategic platform

What is the main concern for Russia regarding the use of the US dollar?

• Political sanctions

• Currency devaluation

• High transaction fees

• Lack of availability

What is the expected trend for the Central Bank's interest rate in Russia?

• Stabilization at a higher rate

• Immediate reduction to pre-crisis levels

• A significant decrease

• A gradual increase followed by stabilization

What factor does VTB believe significantly influences Russian inflation?

• Domestic policy changes

• International commodity prices

• Government subsidies

• Local consumer demand