VTB sees RAS net profit shrink 72.2% to 12.8 bln rubles in 11M

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VTB sees RAS net profit shrink 72.2% to 12.8 bln rubles in 11M

MOSCOW. Dec 16 (Interfax) - VTB had net profit of 12.817 billion rubles to Russian Accounting Standards (RAS) in January-November, the bank said in reporting.

Net profit was 46.166 billion rubles in January-November last year. It was 980.8 million rubles in January-October 2011, so earnings must have been 11.937 billion rubles in November this year.