VTB 24 puts up 4 bln rubles in overdue debt for sale since start of H2
NIZHNY NOVGOROD. Sept 25 (Interfax) - VTB 24 has put up around 4 billion rubles in overdue debt for sale since the start of the second half of 2012, the president and CEO at VTB 24, Mikhail Zadornov, told journalists in Nizhny Novgorod on Tuesday.
"We have put up 25,000 overdue loans, the size of which comes to around 4 billion rubles," Zadornov said.
It was earlier reported that the VTB 24 sold 3 billion rubles in overdue debts to collectors in the first half of 2012. Varying types of loans without collateral were sold, the maximum size of which per loan comes to 200,000 rubles.
VTB 24 was fifth biggest bank by assets in Russia for the first half of 2012 and second largest in terms of the individual loans, according to the Interfax-100 ranking.