Russia's second-largest bank could delist from LSE over Ukraine sanctions VTB, Russia's second-largest bank, may delist from the London Stock Exchange in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said. "We are not satisfied with the LSE's position," Andrei Kostin, president and chairman of the management board of VTB, and an ally of President Vladimir Putin, told reporters on the sidelines of an Asia-Pacific summit in Beijing. In an interview with Russia state television channel Rossiya-24, he added any Chinese listing was unlikely this year. He gave no time frame and did not say how much VTB might raise. VTB shares were trading at 4.08 kopecks on Monday, close to the price of its latest share offering in 2013. VTB received 214bn roubles (£3bn) in capital in September when the Finance Ministry bought preferred shares as part of wider support for the banking sector. VTB's Tier 1 capital ratio - a measure of its ability to absorb losses - fell below 10pc in the first six months of the year as an economic slowdown in Russia and political tensions drove profits down 82pc. The bank has asked for up to 200bn roubles more capital from state funds, Russian business newspaper Vedomosti said last month. Mr Kostin declined to comment on that when contacted by Reuters. He noted the bank had enough capital under international standards (Tier 1) for the coming year. He added banks may get funds - and capital - to channel them to the projects for which the state is ready to provide support from the National Wealth Fund. Mr Kostin did not elaborate.