VTB profit falls 4% in January-August to 314.8 billion roubles
Russia’s second-largest lender VTB said net profit for January to August fell 4% year-on-year to 314.8 billion roubles, while August net profit doubled to 49.2 billion roubles. It reiterated a planned secondary public offering at end-October with terms unchanged.
2 billion roubles. The bank said its secondary public offering was still planned for the end of October with terms unchanged. com)