MOSCOW, December 10 (RIA Novosti) - VTB Group said on Monday its unaudited consolidated net profit calculated to International Financial Reporting Standards (IFRS) increased 28.8%, year on year, in January-September 2007 to $1.05 billion.
VTB Group said its net profit grew in the reporting period as a result of an increase in interest and fee income.
VTB's assets increased 41.7% to $74.26 billion and the group's credit portfolio grew 53.3% to $46.44 billion in the reporting period.