VTB filed a new claim against VTB Capital for RUB 2.4 billion. – Kommersant
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VTB filed a claim with the Moscow Arbitration Court to recover 2.38 billion rubles from its British subsidiary VTB Capital Plc. At the end of 2022, the subsidiary came under external management of the specialized company Teneo.
The VTB press service reported “Interfax”, which requires the subsidiary to pay an overdraft loan. “In the future, VTB intends to take all necessary measures to settle the company’s debt within the framework of current legislation,” the bank’s press service reported.
At the end of 2023, VTB filed two claims to recover €22 million and RUB 5.3 billion from VTB Capital Plc. The court, as an interim measure, seized securities of Russian companies from the portfolio of VTB Capital Plc and funds in accounts in Russian banks.
VTB Capital Plc, which specializes in investment services, was unable to find another bank to open accounts after the bank was included in the sanctions lists. This did not allow the organization to repay its debts on time.
How VTB Capital can pay off creditors – in the Kommersant FM material “VTB assets will be deposited in the trust”.
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