16 June 2004 01:37
Banks sustain profit levels in Q1
MOSCOW. June 16 (Interfax) - Russian banks posted profits, excluding losses and without results from previous years,
of 47.45 billion rubles in the first quarter of 2004, down 0.8% year-on-year from 47.85 billion rubles.
The Central Bank of Russia reported that the number of banks posting profits increased to 1,242 from 1,250 and that
their profits totaled 48.05 billion rubles, down 1.6% from 48.85 billion rubles.
The number of banks posting losses increased to 84 from 81. Losses amounted to 998 million rubles in the first
quarter of 2003 and dropped 39% to 607 million rubles in the first quarter of 2004. [RU ASIA EUROPE EEU EMRG BNK RES
CEN] me
[Interfax] |
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