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Search resuls for: "REUTERS Russia"


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"But the situation is changing and it is possible that a window of opportunity will appear before the end of this year, then we will issue yuan bonds." Russian firms placed bonds worth 1.7 billion yuan ($237.5 million) in May. The bank has issued 140 billion roubles ($1.7 billion) worth of rouble-denominated bonds this year, he said, and would continue to do so at the right price. The head of Sberbank rival VTB last week told Reuters Russia's economy had adapted to sanctions. Sberbank's record first-quarter profit of 357.2 billion roubles featured no one-time revenues, meaning profits should grow as the business does, Skvortsov said.
Persons: Taras Skvortsov, Skvortsov, VTB, Alexander Marrow, Elena Fabrichnaya, Lisa Shumaker Organizations: Reuters, Monetary Fund, Thomson Locations: Russia, Ukraine MOSCOW, Ukraine
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