Russia's VTB to hike mortgage rates by four percentage points to 15.3%

VTB Bank is a leading Russian banking group. Income breaks down by activity as follows: - business, investment and market banking (55.3%): financing services, securities, stock market operations, merger-acquisition consulting, asset management, etc.; - retail banking (36.7%); - other (8%). At the end of 2020, the group had RUB 12,831 billion in current deposits and RUB 12,264.4 billion in current loans. Products and services are marketed through a network of 1,476 branches located in Russia. Russia accounts for 92.6% of income.