6 Sep 2012 10:59

Bank Saint Petersburg sees IFRS net profit plunge 95% to 237 mln rubles in H1

MOSCOW. Sept 6 (Interfax) - Bank Saint Petersburg saw its net profit to International Financial Reporting Standards (IFRS) plunge 95% to 237.4 million rubles in the first half of 2012, compared to 4.495 billion rubles in the same period of 2011.

Analysts polled by Interfax had expected the bank to see its net earnings plummet about 94% to 261 million rubles.