Rosbank's RAS net profit up 63% to 9.7 bln rubles in Jan-Sept

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Rosbank's RAS net profit up 63% to 9.7 bln rubles in Jan-Sept

MOSCOW. Oct 17 (Interfax) - Rosbank posted 9.735 billion rubles in net profit according to Russian accounting standards (RAS) for January-September 2012, up 62.6% from 5.986 billion rubles in the first nine months of 2011, the bank said in its RAS results.

The bank's profit for the first half of 2012 totalled 5.925 billion rubles. Hence, Rosbank's net profit for the third quarter came to 3.81 billion rubles.

Rosbank was 10th biggest bank by assets in Russia for the first half of 2012 according to the Interfax-100 ranking, compiled by the Interfax Center for Economic Analysis.