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BRIEF-VTB 4-month net profit up at RUB 35.3 billion
May 30, 2017 / 7:21 AM / 6 months ago

BRIEF-VTB 4-month net profit up at RUB 35.3 billion

May 30 (Reuters) - VTB:

* 4-MONTH NET PROFIT WAS RUB 35.3 BILLION (27 TIMES INCREASE YEAR-ON-YEAR)

* NET INTEREST INCOME WAS RUB 150.3 BILLION IN 4M 2017, UP 13.4% YEAR-ON-YEAR

* SAYS 4-MONTH NET INTEREST MARGIN 4.1% VERSUS 3.5% YEAR AGO

* TOTAL PROVISION CHARGES FOR IMPAIRMENT OF DEBT FINANCIAL ASSETS AND FOR IMPAIRMENT OF OTHER ASSETS, CREDIT RELATED COMMITMENTS AND LEGAL CLAIMS AMOUNTED TO RUB 59.7 BILLION IN 4M 2017

* NPL RATIO WAS 6.6% OF TOTAL GROSS LOANS AS OF 30 APRIL 2017, UP 10 BPS MONTH-ON-MONTH AND 20 BPS YEAR-TO-DATE

* SAYS 4-MONTH NET FEE AND COMMISSION INCOME OF RUB 26.3 BILLION VERSUS RUB 23.7 BILLION YEAR AGO Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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