MOSCOW (Reuters) -Russia's majority state-controlled bank VTB recorded a 3.2% drop in net profit over the first eight months of 2025 to 327.6 billion roubles ($3.90 billion), it said in its financial
VTB Bank Reports 3.2% Decline in Net Profit for January-August
VTB Bank Financial Performance Overview
MOSCOW (Reuters) -Russia's majority state-controlled bank VTB recorded a 3.2% drop in net profit over the first eight months of 2025 to 327.6 billion roubles ($3.90 billion), it said in its financial results on Friday.
Net Profit and Income Trends
VTB, Russia's second-largest lender, also reported a drop in net interest income of 41.4% on the year over January-August, reaching 221.7 billion roubles.
Loan Portfolio Developments
VTB's corporate loans portfolio grew 1.1% in August, and 4.8% since the start of the year, to 16.7 trillion roubles, while its retail lending was flat on the month, and therefore down 4.2% from January, at 7.5 trillion roubles.
($1 = 83.9455 roubles)
(Reporting by Reuters; Writing by Robert Harvey; Editing by Lisa Shumaker)
