Uralfinprombank’s net profit drops 11.8%

20 January 2010 (10:41)

The net profit of Ural Financial Industrial Bank (Uralfinprombank) declined by 11.8% in the last quarter of 2009, that is, from 10.28 million RUR in the third quarter to 9.07 million RUR in the fourth quarter of the year.

Uralfinprombank reports the smaller profits result from greater personnel and advertising expenses.

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