26 May 2011 12:27

Add'l Bank of Moscow capitalization not needed now - Kostin

ST. PETERSBURG. May 26 (Interfax) - Bank of Moscow's capitalization does not require an increase at this time, VTB chief Andrei Kosting said.

"It is too early to talk about it," Kostin told reporters. "I don't think it is required," he said.

The Central Bank of Russia has extended its review of Bank of Moscow until June 20, he said, and a more detailed evaluation will be forthcoming after it ends.