Russia's VTB 9-mth IFRS net profit 38.8 bln rbls after loss

© RIA Novosti . Sergey PyatakovVTB bank
VTB bank - Sputnik International
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VTB, Russia's second largest banking group, posted an IFRS net profit for January-September of 38.8 billion rubles ($1.251 billion) following a net loss of 45.5 billion rubles in the same period last year, the group said on Thursday.

VTB, Russia's second largest banking group, posted an IFRS net profit for January-September of 38.8 billion rubles ($1.251 billion) following a net loss of 45.5 billion rubles in the same period last year, the group said on Thursday.

The group's third quarter net profit amounted to 13.7 billion rubles after a year-on-year loss.

The results slightly exceeded analysts' forecasts.

MOSCOW, December 2 (RIA Novosti)

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