| Sanctions imposed on the Russian bank VTB have thrown into doubt interest from one of the institution’s key shareholders in a planned bond issue. Qatar Holding, the direct investment arm of the gas-rich state’s sovereign wealth fund, had been a supportive shareholder of VTB since acquiring a 2.9 per cent stake during the Russian lender’s initial public offering last year.
Qatar Holding, which expanded into Russian property this year, had been mulling investing in a VTB bond that was being planned before the imposition of US and EU sanctions...............................................Full Article: Source
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