VTB net profit under IFRS for 5M down 18.7% to $2.4 bln

πŸ‡·πŸ‡Ί TASS (RU) —
VTB net profit under IFRS for 5M down 18.7% to $2.4 bln

AI Summary

VTB reported a net profit of 27.3 billion rubles in May under IFRS, representing an 18.7% decline to $2.4 billion for the first five months of the year. The earnings reveal ongoing financial challenges for the Russian banking group.

In May, net profit of the group amounted to 27.3 bln rubles

Markets VTB net profit IFRS financial results Russian bank earnings decline

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