UrBC, Moscow, October 12, 2010. OAO Uralsib reports its net profit went down by 1.122 billion RUR, or 77.7% in the third quarter of 2010, that is, from 1.44 billion RUR in the second quarter of the year down to 323 million RUR in the third quarter.
The bank explains that the drop in profits was mainly caused by their shrinking net operating income.