EXCLUSIVE-Russia’s VTB to stay in grain business for next 3-5 years – CEO

EXCLUSIVE-Russia’s VTB to stay in grain business for next 3-5 years – CEO

* VTB to develop grain business for next 3-5 years – CEO

* Has no plans to cut stake in grain unit further – CEO

* Wants closer cooperation with Yandex

* Full Kostin quotes in Russian

MOSCOW, Oct 28 (Reuters) – Russia’s VTB bank, which has transformed itself into a major grain trader within a year, plans to remain in the grain business for the next three to five years, Andrey Kostin, the chief executive of the state-controlled lender, told Reuters.

VTB,…


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