Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Monday, October 23, 2017

Vozrozhdenie - Russia


Vozrozhdenie - Russia News

Vozrozhdenie Bank reports mixed results in first quarter

Vozrozhdenie Bank (VB) released its results on Thursday for the first quarter, in accordance with Russian Accounting Standards (RAS). In the first quarter, the bank made approximately $460,000 in net profits, a 92.6 percent drop from a year ago, attributed to higher income-tax payments, and overall operating income reached approximately $81 million, a 9.1 increase from a year ago. Read More »