Business
Russian bank VTB's Jan-April profit drops 18.6% y/y
Russian bank VTB's Jan-April profit drops 18.6% y/y
About this update from Vtb
Russia's No. 2 bank VTB RUS:VTBR says: Jan-April net profit down 18.6% year-on-year to 165.5 billion roubles ($2.12 billion);April net profit down 3.3 times in year-on-year terms to 24.3 billion roubles;It may announce a small extra share issue after June 30 to replenish capital.($1 = 78.2000 roubles)