Deals
VTB Capital to Invest in Balkan Expansion, Bostandjiev Says
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VTB Capital Plc, the investment banking unit of Russia’s second-biggest state-run lender, plans to invest “several hundred million euros” in the Balkans in the next few years, the bank’s chief executive said.
VTB Capital opened an office in the Bulgarian capital Sofia today to help expand in southeast Europe as western investors pull cash from the region because of the debt crisis at home. Moscow-based VTB Capital has units in London, Hong Kong, Singapore, Dubai, New York, Vienna and Kiev.