"We are able to charge for the increased risk. VTB Capital is an emerging market bank and we are prepared to do business other banks…
Prior to shifting its focus to India’s Essar Group, VTB Capital was active in Mozambique, secretly arranging (together with Credit Suisse) loans for state-owned firms…
VTB Capital, one of the bidders for India’s Essar Steel, has been involved in serious cases of corruption. After Victor Yanukovych was ousted in 2014,…