INSUBCONTINENT EXCLUSIVE:
change included what the bank described as a significant NPL component from the coal industry, which has faced severe struggles in recent
months.Meanwhile, the NPL ratio among individual clients increased more sharply, reaching 5%, an increase from 3.8% at the end of last
loans is already approaching the 7% level seen in 2009
point to 20%.Despite rising retail risk, VTB continues to expand its corporate loan portfolio
By the end of May, its overall loan portfolio before provisions reached 23.8 trillion rubles ($300 billion), a 0.4% increase both in May and
since the beginning of the year.Loans to businesses totaled 16.3 trillion rubles ($200 billion), rising by 0.8% in May and by 2.3% over the
first five months of the year.Retail lending, in contrast, contracted by 0.5% in May and by 3.6% over the first five months of 2025
portfolio declined to 32% from 33% at the end of 2024.Deposits and other client funds held by individuals grew by 0.8% in May and by 4%
since the beginning of 2025, reaching 13.5 trillion rubles
In contrast, funds from legal entities dropped by 4% in May and by 8.9% since the start of the year, totaling 12.7 trillion rubles ($160
billion).VTB previously announced it would pursue a strategy in 2025 of focusing resources on more profitable corporate lending while
reducing unsecured consumer loans.
