OREANDA-NEWS. November 06, 2009. VTB Bank’s assets were RUB 2,653 billion compared to RUB 2,551 billion on 1 January 2009, an increase of 4%, reported the press-centre of VTB Bank.

Corporate customer deposits amounted to RUB 1,084 billion compared to RUB 719 billion on 1 January 2009. The funds raised from corporate customers have increased 51% since the beginning of the year.

Over the first ten months of 2009, VTB Bank’s net profit reached RUB 23.44 billion, an increase of RUB 15.52 billion in October. The net profit growth in October 2009 was mainly caused by high income from operations and positive results from release of loan impairment provisions. 

These unconsolidated financial statements are prepared under the Russian Accounting Standards (RAS) for only the Parent Company of the Group, JSC VTB Bank.