VTB shares on the Moscow Stock Exchange on April 5 at 12:20 p.m. are depreciating by 7%, according to data from the site. The collapse is associated with a message about a possible recommendation by senior managers of a credit institution to refuse to pay dividends by 2023.
On Wednesday, April 5, VTB for the first time after being placed on the sanctions lists returned to the disclosure of financial indicators. Thus, according to RAS, VTB recorded a net loss of almost 760 billion rubles, according to IFRS, a net loss amounted to 613 billion rubles.
After that, the vice-chairman of the bank’s board, Dmitry Pyanov, recommended that retailers do not expect large dividends even at the end of 2023, which should become profitable.
Earlier, the head of the bank, Andrey Kostin, said that according to the results of the first quarter of this year, a record profit is expected.
So, Pyanov explained that the payment restrictions may be due to the fact that the credit institution will allocate all the resources to restore the capital.
Earlier, VTB’s shares rose sharply on news about the intention to publish financial results.
Author:
Natalia Gormaleva
Source: RB
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