VTB Group's net profit under IFRS amounted to 208.5 and 61.8 billion rubles for the first 4 months and April 2023. This is stated in the message of VTB.
Return on equity (RoE) amounted to 36.7% in the first 4 months of 2023 and 40.3% in April 2023, while return on assets (RoA) amounted to 2.5% and 2.9% in the first 4 months and in April 2023, respectively.
Net operating income before reserves amounted to RUB 415.2 billion for 4 months of 2023 and RUB 109.5 billion in April 2023. At the same time, net interest income amounted to RUB 233.6 billion for 4 months of 2023 and RUB 60.4 billion in April 2023. Net interest margin was 3.1% in April and 3.1% for 4 months of 2023. Net commission income amounted to 60.2 billion rubles for 4 months of 2023 and 18.2 billion rubles in April 2023.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. In the CIS countries, the group is represented in Armenia, Ukraine, Belarus, Kazakhstan, and Azerbaijan. VTB banks in Austria, Germany and France operate under a European sub-holding headed by VTB Bank (Austria). In addition, the group has subsidiaries and associated banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one branch of VTB Bank in China and India, two branches of VTB Capital Plc. in Singapore and Dubai.
