15 Jul 2011 17:05

VTB posts H1 RAS net profits of 22.1 bln rubles

MOSCOW. July 15 (Interfax) - Net profits at the bank VTB came to 22.117 billion rubles to Russian Accounting Standards (RAS) for the first half of this year, according to the Central Bank of Russia website.

That was an 18.6% year-on-year decrease from the 27.18 billion rubles VTB made in H1 last year.

VTB's equity decreased to 481.658 billion rubles as of July 1 from 486.671 billion rubles as of June 1.

The bank's capital sufficiency rate came to 18.14% for H1