*
This content was produced in Russia where the law
restricts
coverage of Russian military operations in Ukraine
MOSCOW, Feb 7 (Reuters) - Russia's No. 2 lender VTB hopes to make profits in 2023 with the "same number of zeroes" as those achieved in 2021, when it made 320 billion roubles ($4.51 billion), CEO Andrei Kostin said on Tuesday. "It is unlikely to reach the level of 2021, but it will be comparable to it, that is to say, the same number of zeroes," Kostin said on Rossiya 24.
The state-owned bank slumped to a loss in 2022, suffering
under the weight of unprecedented Western sanctions on Russia's
financial sector, as the West sought to punish Moscow for its
actions in Ukraine.
($1 = 70.9500 roubles)
(Reporting by Elena Fabrichnaya and Alexander Marrow; Editing
by Mark Trevelyan)
