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Alfa Bank's net profit grows three-fold in 2006 to $188.3 million

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MOSCOW, February 9 (RIA Novosti) - Alfa Bank's net profit grew by 190% in 2006, to 4.97 billion rubles ($188.33 million), the Central Bank reported Friday.

Alfa Bank's profit before taxes grew by 150% in 2006, to 6.49 billion rubles ($245.93 million).

Established in 1990, Alfa Bank is on the Central Bank's list of Russia's 30 largest banks.

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