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VTB increased net profit.

The 2013-net profit at VTB Group moved up (IAS) 10.9% to 100.5bn rub.; in IVQ - 79.3% to 54.5bn rub., the Bank informed.

The net interest increased 31.3% to 323bn rub.. In 2013 the interest margin gained 4.5% vs. 4.2% in 2012. The retail business and transactions are the main drivers of the growth.

The assets reached 8768.5bn rub. in 18.2% in rise due to the rapid growth of the credit portfolio. The credits accounted for 68.1% in the total assets volume.

VTB Bank (TIN 7702070139) is ranked as the second bank in Russia by the assets volume. The network of the Group in June 2010 covered 935 offices in Russia, CIS and Europe including 480 offices of VTB-24. The Group keeps 12 subs in CIS (Armenia, Belarus, Kazakhstan, Azerbaidjan, Ukraine); in Europe (Austria, Cyprus, Germany, France, Great Britain); in Georgia, Africa (Angola) and representations in Italy, China, and Kirgizia.

The 9-month net profit (IAS) plunged 23.6% to 46bn rub. from 60.2bn rub. prior year; net interest increased 33.8% to 233.2bn rub. from 174.3bn rub.

The 2013 net profit rallied up 62.9% to 35.119bn rub. from 21.561bn rub.; pretax profit - 61.76% to 35.385bn rub. from 21.875bn rub.

"AK&M", 03.04.2014


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