26 Oct 2010 12:46

VTB plans to borrow at least $5 bln in 2011

MOSCOW. Oct 26 (Interfax) - VTB plans to borrow at least $5 billion next year, the bank's deputy CEO Herbert Moos said on the sidelines of a financial directors summit organized by the Adam Smith Institute.

"We expect that borrowing volume next year will be no less than in 2010," Moos said, noting that VTB plans to borrow about $5 billion this year, all told.