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VTB says Norway, Qatar, Azerbaijan back $3.3 billion share offer

2013-04-29T061743Z_1_CBRE93S0HHQ00_3_RUSSIA-TELECOM-TELE2-REGULATOR.JPG

 (Copyright Reuters 2013)

Russia's second-largest bank VTB said investors have subscribed for the entirity of its 102.5 billion rouble ($3.3 billion) share offering, with bids from sovereign wealth funds in Norway, Qatar and Azerbaijan.

On Sunday, a source told Reuters that the bank had won firm orders for its entire offering of new shares.

($1 = 31.2412 Russian roubles)

(Reporting by Katya Golubkova; Writing by Megan Davies; Editing by Douglas Busvine)