Tag: VTB Bank
Will Russia really go broke soon?
Mural of Russian leader Vladimir Putin The confidence of foreign investors is gone. Russian bond prices have collapsed. (Photo: dpa) Frankfurt Does the Kremlin pay or not? A new chapter…
Four out of five board members resign
Frankfurt In the office building at Rüsterstraße 7-9 in Frankfurt’s Westend district, nothing is as it used to be. The lettering of the company based there is covered with metal…
Russian bank VTB is putting its European branch up for sale
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt What’s next…
Investors are afraid of positioning themselves on the wrong side
Dax curve The low for the year so far is 12,438 points. (Photo: Bloomberg Creative/Getty Images [M]) Frankfurt On Thursday afternoon, the Dax followed on from Wednesday’s price losses. The…
Investors are afraid of positioning themselves on the wrong side
Dax curve The low for the year so far is 12,438 points. (Photo: Bloomberg Creative/Getty Images [M]) Frankfurt The Dax stabilizes after its price losses on Wednesday. The leading German…
The Gulf States and their Proximity to Russia
Vladimir Putin Mohammed bin Salman The President of Russia and the Crown Prince of Saudi Arabia chat during the 2018 G20 Summit. (Photo: dpa) Berlin For decades, the Arab Gulf…
Russian bond is being serviced – state bankruptcy apparently averted for the time being
Central Bank of Russia Moscow is likely to have averted a state bankruptcy for the time being. (Photo: Bloomberg) London Russia has apparently been able to avert a state bankruptcy…
Frustration among customers of the VTB Bank subsidiary
VTB Bank in Frankfurt VTB Direct Bank is a branch of VTB Bank Europe. (Photo: Jan Huebner) Frankfurt “How do I get my money?” Many VTB direct bank customers are…
Roman Abramovich on sanctions list – Chelsea sale on hold
Roman Abramovich The oligarch cannot now sell his football club Chelsea FC as planned. (Photo: dpa) London Britain imposed sanctions on a further seven Russian oligarchs on Thursday. Among them…
Germany subsidiary of VTB Bank switches off customer telephones due to “large number of inquiries”.
Frankfurt Due to the war in Ukraine and the sanctions against Russia, the VTB direct bank has been overwhelmed with inquiries and has therefore temporarily switched off the customer hotline.…
Unionpay as a way out for Russia’s banks?
Unionpay With a transaction volume equivalent to around 150 billion US dollars, Unionpay was the second largest payment network in 2020. (Photo: Reuters) Beijing After the withdrawal of Mastercard and…
German financial institutions stop making payments to VTB Bank Europe
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt According to…
Vladimir Putin’s last friends – these countries support aggressive war
Kim Jong Un (North Korea, ol), Isayas Afewerki (Eritrea, or), Alexander Lukashenko (Belarus, ul) and Bashar al-Assad (Syria) Only North Korea, Eritrea, Belarus and Syria clearly sided with Russia in…
According to VTB Bank Europe, it is not affected
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt One day…
According to VTB Bank Europe, it is not affected
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt One day…
Ukraine war: Russian stocks plummet
dealer in Frankfurt Western investors can hardly react because they are cut off from trading in Russian securities. (Photo: picture alliance/dpa) Frankfurt It is becoming clearer with each passing day…
Ukraine war: Russian stocks plummet
dealer in Frankfurt Western investors can hardly react because they are cut off from trading in Russian securities. (Photo: picture alliance/dpa) Frankfurt It is becoming clearer with each passing day…
These companies are shutting down their business with Russia
Dusseldorf The sanctions against Russia because of the Ukraine war have far-reaching economic consequences. Numerous companies have restricted their business in Russia, put it on hold or are withdrawing. This…
Russian oil finds no buyers – sanctions are working
Energy from Russia Buyers around the world are currently trying to buy oil from other countries. (Photo: Reuters) Dusseldorf The war in Ukraine, which Russia is waging with increasing severity,…
Sanctions against seven Russian banks
The logo of the Russian VTB Bank The EU has excluded a total of seven banks from the Swift global payment system. (Photo: Bloomberg) Brussels, Frankfurt The EU officially issued…