VTB Confirms Timeline for Wildberries Fintech Stake Despite Drone Raids

Dmitry Pyanov, First Deputy CEO of VTB, confirmed to reporters that the timeline for the transaction is holding steady. The deal focuses specifically on securing a minority interest in WB-Bank and the retailer's associated financial technology assets.

While physical logistics hubs belonging to the online retail giant have faced repeated drone attacks, the financial arm of the company appears insulated from the operational disruption. VTB intends to complete the purchase of these assets throughout September, moving forward with its plan to expand its footprint in the digital retail banking sector.