04 December 201709:15
UBRD Group Makes Over RUR 1bn in Profit
UrBC, Yekaterinburg, December 4, 2017. The Ural Bank for Reconstruction & Development (UBRD) Group made more than RUR 1bn in profits (calculated in accordance with the International Accounting Standards) in the nine months of 2017, the Group’s press service reports. ‘The Group’s consolidated profit amounted to RUR 1.051bn in the three quarters of the year, including a one-time RUR 553 transaction (excluding which, the bank’s profits rose by 18.9% compared with one year previously). All factors considered, the bank’s profit increased nearly five times by the end of the third quarter