/ world today news/ The Russian VTB officially refused to participate in the capital increase of the Corporate Commercial Bank placed under supervision. This was reported to “Press” by the bank’s spokeswoman Yulia Govorun.
“The VTB Group has no financial commitments to KTB, nor is it considering the possibility of providing additional liquidity to the Bulgarian bank,” said an official announcement of the second largest Russian bank, which is controlled by the Kremlin.
The refusal of the Russians to participate in the capital increase and pour fresh resources into KTB is surprising, because they were the first to show interest. On Friday, the BNB officially announced that VTB has expressed interest in holding talks to support KTB.
The Russian bank owns 594,000 shares of KTB (9.1% of the capital), which were bought in April 2013.
The Omani State Fund, which owns nearly 30% of the capital, also shows an unofficial interest in increasing the capital of KTB.
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