"VTB" expects to buy shares "Bank of Moscow" until mid -2011
The second largest Russian bank, VTB, expects to buy a control package, or 100%, Bank of Moscow no later than the first half of 2011, said the head of the VTB group Andrei Kostin, RIA Novosti reports. "We also do not hide that we are interested in buying a control package, or 100%," Bank of Moscow ". And we expect that we will be able to do this no later than the first half of the next year. We have excessive capital today, and we want to use it more efficiently," Kostin said.