Vneshtorgbank's net profit nearly triples in January-September 2002

According to the financial report issued by Vneshtorgbank (Russian accounting standards), in January-September 2002 the financial institution's net profit more than tripled to RUR8bn (around $253m) as compared to the figure reported in the similar period last year (RUR2.4bn or $75.9m in January-September 2001), the press service of the bank reported. Vneshtorgbank's capital was RUR57.8bn (around $1.82bn) on October 1, 2002, an increase of RUR9bn (around $284m) from the figure reported a year ago. The bank's net assets grew from RUR144.9bn (around $4.58bn) to RUR152.3bn (around $4.81bn) as of October 1, 2002. The volume of funds attracted from private customers nearly doubled from RUR6.4bn (around $202m) reported on January 1, 2002 to RUR12.5bn (around $395m) as of October 1, 2002.

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