VTB’s Solovyev optimistic on Asian business as Chunilal departs

By Steven Gilmore
11 Sep 2014

Russia’s VTB Capital has been making headway into Asian debt markets in an effort to keep its fixed income teams in London and Moscow busy during a sanctions enforced shutout from their usual hunting grounds. But even when normality returns the bank will remain committed to its Asian operations, and is hoping for more mandates from Asia — and potentially Africa — later in the year, Andrey Solovyev, global head of DCM at VTB Capital told GlobalCapital Emerging Markets.

“While access to debt capital markets in other areas is limited for Russian issuers we need to diversify our business,” said Solovyev. “We need to keep working on international issuance and we’ve just finished our 15th international transaction of the year and the fourth in Asia.”

VTB’s fourth Asian transaction ...

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