20 Jan 2010 10:06

VEB boosts net profit 74% to 22.8 bln rubles in 2009

MOSCOW. Jan 20 (Interfax) - Vnesheconombank (VEB) boosted net profit 74% to 22.795 billion rubles in 2009 under Russian accounting standards, up from 13.1 billion rubles in 2008, the bank said.

Net profit in the fourth quarter totaled 1.869 billion rubles, down from 18.945 billion rubles in the third quarter.