26 Mar 2012 10:29

Bank St. Petersburg IFRS net profits rise 43% to 5.9 bln rubles in 2011

MOSCOW. March 26 (Interfax) - Bank St. Petersburg saw its net profits to International Financial Reporting Standards (IFRS) rise 43% last year to 5.885 billion rubles from 4.115 billion rubles in 2010, the bank reported.

Analysts surveyed by Interfax had predicted the bank's 2011 net profits would be up 53.7% at 6.323 billion rubles.