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Banking

World news about “Banking” published by euronews.

16/05 14:07 CET

Russia’s VTB bank returns to profit, but only just

Russia’s VTB bank returns to profit, but only just

VTB, Russia’s second-largest bank, made a net profit in the first quarter of just 600 million roubles (8.1 million euros). That was much worse than analysts had forecast, but a huge improvement on the loss of 18.3 billion roubles in the same period of 2015. Like…