VTB feels little better than the market - head of bank

Date: 14:27, 12-08-2020.

Almaty.  August 12. KazTAG - VTB Bank  feels a little better than the market, its deposit portfolio grew up by 64% as of July 1, said Dmitriy Zabello, chairman of the  VTB Bank.
“Now we feel a little better than the market, this is shown by our deposit portfolio - we have grown we are trusted. As of July 1, the volume of clients' accounts and deposits increased by 64% to 182.5bn tenge, ” said Zabello.
According to him, now the bank is going through stress tests.
“We understand how ready we are. We entered this crisis in a really stronger state. We have formed a certain pillow. VTB's previous strategy involved the development of internal processes, changes in product lines, and risks. The pandemic has significantly accelerated the completion of these processes. In this regard, we are more ready, we have good results for the first quarter and the first half of the year," he said.

Photo source: picture from an open source

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