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EconomyVTB net profit under IFRS falls 4% in first eight months

VTB, Russia’s second-largest lender, reported a 4% year-on-year decline in IFRS net profit to 314.8 billion rubles in January-August 2026. August profit rose 106.7% to 49.2 billion rubles. The bank attributed the results to stronger interest and fee income and a lower cost-to-income ratio.

VTBbankingnet profitRussia

TTASS★★★☆☆2026-09-29 12:38Original

VTB net profit under IFRS falls 4% in first eight months
Economy