Date: 5 months ago   Category: Finance

The net profit of VTB for January-September has grown almost by 1,9 times — to 139,7 billion rubles — Rambler News Service


The net profit of VTB for January-September, 2018 according to IFRS has made 139,7 billion rubles, the credit institution reports. The previous year for the same period the bank has got a profit of 75,3 billion rubles. Following the results of nine months of the current year net interest income of VTB have grown by 4,3%, up to 358,6 billion rubles, net commission income have increased by 3,6% — up to 69,4 billion rubles. Net operating income before creation of a reserve has made 478,9 billion rubles (growth by 18,5%). Expenses on creation of a reserve were cut down for 5,8% — up to 111,4 billion rubles. Maintenance costs of personnel and administrative expenses have increased by 1,2% — up to 187,3 billion rubles. "Coming nearer by the end of the year, we have enough reasons with confidence to confirm the forecasts of annual financial results" — the head of VTB Andrey Kostin whose words are cited in the message has told.

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