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VTB Group Seeking Acquisitions in Russia, Ukraine, Kostin Says

VTB Group Chairman Andrei Kostin said Russia’s second-largest lender will grow “organically” in Asia and is seeking acquisitions at home.

“In Asia, we are expanding organically mainly,” Kostin said today on Bloomberg Television’s “Taking Stock with Pimm Fox.” “We’re definitely looking for acquisitions in Russia, might be in Ukraine, our major markets.”

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