VTB still forecasting 100 bln rubles net profit in 2017
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ST. PETERSBURG. July 13 (Interfax) - VTB is for now still forecasting 100 billion rubles net profit to International Financial Reporting Standards (IFRS) this year.
"We won't be revising our forecast as there are always some extra risks, provisions of some kind. We are also being audited by the Central Bank. We're a little ahead of schedule, but you never know. It's unclear what the situation will be in the autumn, new sanctions are being prepared for us. We'll see," VTB CEO Andrei Kostin said.
Finance Ministry officials have said they might discuss the possibility of interim dividend payments by state banks in the autumn. "We've agreed that we are prepared to pay interim dividends and we will pay them if they insist. It'll all depend on the budget situation," Kostin said.