VTB considering South Korea, Hong Kong for Eurobond placement

Russia's second largest bank, VTB, is considering South Korea and Hong Kong as possible floors for its Eurobond placement, VTB head Andrei Kostin said on Tuesday.

Russia's second largest bank, VTB, is considering South Korea and Hong Kong as possible floors for its Eurobond placement, VTB head Andrei Kostin said on Tuesday.

"We had Singapore, Switzerland. Now we are looking at other countries, Hong Kong, and Korea, and so on," Kostin said, adding that one of the borrowing methods could be Eurobonds.

"We have changed our policy a little - we take in just a little in various countries. We will continue this policy," he said.

ST. PETERSBURG, September 7 (RIA Novosti)