VUZ-Bank’s net loss rises up to 37.6m
9 October 2009 (11:12)
The net losses of Life Group’s VUZ-Bank rose from 19.722 million RUR in the second quarter of the year to 37.61 million RUR in the third quarter.
The bank explains this had to do with the need to build up on the bad debt reserves, that is, to raise them up to 51.251 million RUR.
The bank explains this had to do with the need to build up on the bad debt reserves, that is, to raise them up to 51.251 million RUR.
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