10 Sep 2012 13:05

Raiffeisenbank IFRS net profits surge 44.5% to 9.8 bln rubles in H1

MOSCOW. Sept 10 (Interfax) - Raiffeisenbank made 9.8 billion rubles in net profits to International Financial Reporting Standards (IFRS) in the first half of 2012, a 44.5% year-on-year increase, the bank's chief Sergei Monin announced at a Monday press conference.

The bank "will make every effort" to maintain this pace of profit growth in H2, Monin said.