Russian Financial Control Monitor
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MOSCOW. VTB Bank’s net profit under Russian Accounting Standards surged 190% in January-August 2013 compared to the same period of last year, to RUR49.2bn ($1.5bn, or €1.14bn) from RUR16.9bn, according to the bank’s financial statement posted on the Central Bank’s website.
The bank’s net profit in January-July 2013 was RUR48.96bn. This means that it earned about RUR250mn ($7.75mn) in August. |
| 19-09-2013 14:07 Macroeconomics (1) State-owned companies may have to pay 35% of profit in dividends | $ |
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