-UralSib Bank's RAS net profit slips 7% in 2011.
BANKING AND CREDIT NEWS-January 19, 2012--UralSib Bank's RAS net profit slips 7% in 2011(C)2012 M2 COMMUNICATIONS http://www.m2.com
19 January 2012 - UralSib Bank saw its net profit for 2011 ease 7%, as calculated under Russian Accounting Standards, the Russian lender said on Wednesday.
The bank's net profit for last year amounted to RUB3.9bn (USD124m/EUR96m).
This came after the company earned RUB1.2bn in the final quarter of the year, compared with a net loss of RUB79m in the previous three months.
In 2010, the bank posted a net profit of RUB4.2bn.
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|Publication:||M2 Banking & Credit News (BCN)|
|Article Type:||Financial report|
|Date:||Jan 19, 2012|
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