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Automatically translated version. May contain inaccuracies compared to the original.
Against the backdrop of new strikes on the warehouses of the marketplaces Wildberries and Ozon, shares of the bank with the second-largest assets in the Russian Federation — VTB — fell to 49,86 rubles apiece, marking a new historical low for the state bank. The bank’s securities fell below their nominal value of 50 rubles for the first time in history.
It is noted that VTB lost 3% in a single day, while since the beginning of August it has lost 11% of its value, and since the start of the year — as much as 45%.
Compared with the peak figures of 2015, the bank has lost 88% of its market capitalization (about 4,7 trillion rubles). And now, despite VTB owning assets worth 35 trillion rubles and holding 8,5 trillion rubles of individual deposits, its total market value is estimated at only 646 billion rubles ($7,7 billion).
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