MOSCOW, October 24 (RIA Novosti) - Vneshtorgbank (VTB) expects to receive more than 30 billion rubles (about $1.1 billion) in net profit in 2006, the VTB chief executive said Tuesday.
"That is considerably higher than last year," Andrei Kostin said.
State-controlled foreign trade bank Vneshtorgbank and its subsidiaries (VTB Group) is a leading Russian commercial banking group, offering a large range of banking services and carrying out operations in the country and abroad. As of June 30, 2006, VTB Group included 151 branches.
