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VTB's 1H09 net loss $846 mln

© yuzle.comVTB's 1H09 net loss $846 mln
VTB's 1H09 net loss $846 mln - Sputnik International
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VTB, Russia's second-largest bank, reported a net loss of 26.45 billion rubles ($846 mln) in the first six months of the year, the bank's press service said on Friday.

MOSCOW, July 3 (RIA Novosti) - VTB, Russia's second-largest bank, reported a net loss of 26.45 billion rubles ($846 mln) in the first six months of the year, the bank's press service said on Friday.

The bank's assets as of July 1, 2009 were 2.688 trillion rubles ($86 bln) compared with 2.551 billion rubles as of January 1, 2009.

The bank's corporate loan portfolio stood at 1.477 trillion rubles (1.471 trillion rubles on January 1, 2009).

 

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