Russia's two largest banks are state-owned, and both have faced higher funding costs. The difference between them is that one predict the growth of quotations, another fall, say the authors of an article published on January 26, at Bloomberg.
feedback from analysts surveyed by publication for one year Sberbank shares have the opportunity to grow in price by 84%, while traded in the London paper VTB Group have the opportunity to become cheaper by 27%. For the period From January of this year Depositary receipts of Sberbank, the largest Bank in Russia, has increased in price on the London stock exchange on 7, 8%, and at the same time, the paper VTB fell by 13%. The head of VTB expects a "significant" loss In the current year, then as the results of the 3rd quarter of 2014 net profit of the Bank was reduced by 90% on the background of the almost threefold increase contributions in stocks because of the " bad " assets. The number of analysts recommending to sell securities of VTB, for the last nine months has increased fourfold