ST. PETERSBURG, June 8 (RIA Novosti) - Citibank Russia said Thursday its net profit calculated to International Financial Reporting Standards fell 23% year on year, in 2005 to $68.7 million.
Citibank Russia, one of the country's top thirty banks in terms of assets according to the Central Bank of Russia, said its assets had grown 21% in the reporting period, to $3.4 billion, and its shareholder equity had increased 17%, to $406 million.
Pre-tax profit fell 19% to $93.9 million.
Citibank Russia is a 100%-owned subsidiary of New York-headquartered Citigroup.
