| Home Page : Archive News : February 2020 News : UPDATE 2-Russia's VTB bank reaches 2019 profit target as bad loans shrink | |
UPDATE 2-Russia's VTB bank reaches 2019 profit target as bad loans shrink | |
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February 27, 2020 VTB aims for 2020 net profit of 220- 230 bln roubles. MOSCOW, Feb 26- Russia's second-largest lender VTB reported on Wednesday a 13% increase in net profit last year, slightly exceeding its own target, helped by a drop in provisions for bad loans and the sale of a stake in mobile phone operator Tele2. VTB said 2019 net profit hit 201.2 billion roubles, a record high that... Source: https://www.cnbc.com/2020/02/26/reuters-america-update-2-russias-vtb-bank-reaches-2019-profit-target-as-bad-loans-shrink.html |
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