VTB has financed the construction of a residential complex in Crimea

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AK&M 12 August 2026 00:07

VTB opened a credit line in the amount of 7.2 billion rubles to the developer Zapadny Prospekt 82 for the construction of a residential complex with a total area of 70 thousand square meters in the center of Yevpatoria in the Crimea. The residential complex is scheduled to be commissioned in the fourth quarter of 2028. This is stated in the message of the bank.

NW Zapadny Prospekt 82 specializes in the implementation of major investment projects of multifunctional, integrated residential and commercial buildings with subsequent management and maintenance.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.

VTB Group's net profit under IFRS for the first half of 2025 amounted to 280.4 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.