May 30, 2019 / 7:38 AM / 6 months ago

Russia's VTB says Q1 net profit down 16.2% y/y

MOSCOW, May 30 (Reuters) - Russian state lender VTB said on Thursday its first-quarter net profit stood at 46.5 billion roubles ($714.83 million), down 16.2% from the same period last year.

VTB first-quarter net interest income was at 104.2 billion roubles, down 10.4%, while its non-performing loans ratio stood at 5.8% in the first three months of 2019.

$1 = 65.0505 roubles Reporting by Maxim Rodionov and Tatiana Voronova; writing by Tom Balmforth; editing by Andrey Ostroukh

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