Corporate profile: VTB Capital: A new entrant in the commodities market
Energy Risk: To many observers it may seem a risky time to enter the commodities market, especially for a new bank. Can you tell us more about why VTB Capital chose to establish its commodities business now?
Sergei Timokhovitch: In Russia, the commodities market is a critical part of the national economy. We are a country rich in natural resources and, as a result, we have developed an industry around these assets to support and grow our economy. Our commodities – mainly energy, base and
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