MikhailKrylov
Long

VTBR SBER: Shrinking gap

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The gap between VTBR             and SBER             is unsustainably large, given shrinking profits of Sberbank and increasingly common approach of both banks to development of new market segments. Probably, and most likely, the gap between the two will become narrower with VTBR's loan portfolio growing wider and more diversified. The target for VTBR             is 0.06
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