MOSCOW, July 3 (RIA Novosti) - Russia's second-largest bank, VTB, said Tuesday its net profit calculated to Russian Accounting Standards was 6.4 billion rubles ($248.7 million) in the first half of 2007, down 26% from the same period last year.
In January-June 2006, the bank's net profit stood at 8.6 billion rubles ($334 million), while the index grew 50% to 18 billion rubles ($699.6 million) for the whole of last year.
The government holds a 77.47% stake in VTB.
