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BRIEF-AKB Avangard FY 2016 net profit up at RUB 8.7 bln
May 2, 2017 / 1:41 PM / 8 months ago

BRIEF-AKB Avangard FY 2016 net profit up at RUB 8.7 bln

May 2(Reuters) - AKB Avangard:

* Reported on Friday FY 2016 net interest income of 6.63 billion roubles ($116.26 million) versus 6.89 billion roubles year ago

* FY 2016 net fee and commission income of 4.79 billion roubles versus 3.38 billion roubles year ago

* FY 2016 recovery of impairment reserves of 1.38 billion roubles versus provision of 3.61 billion roubles year ago

* FY 2016 net profit of 8.7 billion roubles versus 2.7 billion roubles year ago

Source text - bit.ly/2p1o06m

Further company coverage: ($1 = 57.0254 roubles) (Gdynia Newsroom)

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