VTB for 9 months reduced the net profit by 22.9%

VTB for 9 months reduced the net profit by 22.9%


VTB for the period January-September 2015 year reduced net profit under RAS to 56,45 billion. For the first nine months of 2014, VTB increased its net profit under RAS to 73,19 billion.

MOSCOW, 19 Oct. VTB, the second largest Bank assets in the Russian Federation, in January-September reduced net profit by 22.9% compared with the same period last year — up 56,45 billion rubles, according to a statements on the website of the CBR.

For the first nine months of 2014, VTB increased its net profit under RAS by 51.5% to 73,19 billion.

VTB traditionally does not comment on the statements under RAS, considering it unrepresentative because it does not reflect the results of the other group members.