VTB is one of the most important banks in the Russian market and overall one of the pillar of the dynamics of the russian economy
first of quick view of the news : ** hit record retail loans ** earnings are on the rise but monitoring the interest rate is a must for next year forecast ** successful deal of selling the magnit from it's portfolio
second a quick view of the charts the volumes are steady and the MA 9/MA 50 /MA 200 are forecasting a potential rise of the price of the stock
My calculations, says VTB comes out of 2021 with 300 B in profit, of which 150 B will be dividends, and with markecap of 587 B, gives 25.5% in dividends this summer. Those looking to sell this stock are insane. The sanctions keep the western banks out and give VTB a monopoly. If we get more sanctions, VTB monopile will just get stronger. last 8 yeares sanktions have given VTB a mole