Russia's VTB Bank posts 44% net profit growth in 2008 | 08:38 |
| Russia's second largest in terms of assets, said on Wednesday its net profit under Russian Accounting Standards grew 44.4%, year-on-year, in 2008 to 26.31 billion rubles ($834 million). In 2007, VTB's net profit grew 6%, year-on-year. VTB Bank and its subsidiaries comprise the VTB Group, which provides banking services and products in Russia, former Soviet republics, Western Europe, Asia and Africa. | |
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