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Rosbank net profit down 49.2% in 10M06 to $48 mln

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MOSCOW, November 27 (RIA Novosti) - Rosbank, a leading Russian commercial bank, said Monday its net profit in the first 10 months of 2006 fell 49.2% year-on-year to 1.28 billion rubles ($48 million).

The bank said its pre-tax profit in the reporting period totaled 3.05 billion rubles ($110 mln), up 19.9% on same period of last year.

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