23 Jan 2012 15:15

VTB more than halves RAS earnings to 21.1 bln rubles in 2011

MOSCOW. Jan 23 (Interfax) - VTB more than halved net profit to Russian Accounting Standards (RAS) in 2011.

The bank, which had net profit of 47.647 billion rubles to RAS in 2010, said in a statement that net profit was 21.061 billion rubles last year.