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Russia's VTB to hand over servicing of foreign securities to other firms - TASS

Russia's VTB to hand over servicing of foreign securities to other firms - TASS
Russia's VTB to hand over servicing of foreign securities to other firms - TASS   -   Copyright  Thomson Reuters 2022
By Reuters

– Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to other Russian financial companies, the TASS state news agency reported.

“This step would allow us to protect assets of private investors and secure their ability to buy and sell any assets without limitations,” TASS cited VTB‘s statement as saying.