VTB’s third-quarter net profit rises 39 pct to $608 mln year on year

Russia’s VTB Group, which includes the country’s second largest VTB bank, announced on Thursday its net profit grew 39 percent in July-September 2011, year on year, to 19 billion rubles ($608 million) to IFRS. Quarter on quarter, VTB’s net profit in the third quarter of 2011 decreased 31 percent. VTB’s net profit in the first […]