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JSCVL JSC VTB Bank (CE)

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Share Name Share Symbol Market Type
JSC VTB Bank (CE) USOTC:JSCVL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

VTB Bank Profit Increases 74% in First Five Months of 2018

27/06/2018 6:16pm

Dow Jones News


JSC VTB Bank (CE) (USOTC:JSCVL)
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By Adam Clark

 

VTB Bank (VTBR.MZ) said Wednesday that its profit rose by 74% in the first five months of 2018 compared with 2017.

The Russian lender said it made a net profit of 87.1 billion rubles ($1.38 billion) for the period to the end of May.

Net interest income came to RUB198.6 billion, up 5.1% compared with the year-earlier period, VTB said. The bank's net interest margin was maintained at 4.1%.

Total customer deposits are up 6% in 2018 to-date, reaching RUB9.69 trillion as of May 31. The company's Common Equity Tier One ratio, a key measure of capital strength, stood at 12.2%, down from 12.6% at the start of the year.

 

Write to Adam Clark at adam.clark@dowjones.com

 

(END) Dow Jones Newswires

June 27, 2018 13:01 ET (17:01 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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