VtbRUS: VTBR

Russia's VTB reports 12% rise in July profit

· Issued by Vtb

Russia's second-largest lender VTB RUS:VTBR on Friday reported a 12% year-on-year increase in net profit for July, reaching 23.3 billion roubles ($288.20 million).

For the January–July period, VTB's net profit rose 1.9% to 303.7 billion roubles.

($1 = 80.8455 roubles)