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Vneshtorgbank's pre-tax profits in the first quarter of 2002 totaled 6.8 billion rubles

11 April 2002

Vneshtorgbank`s pre-tax profits, calculated according to Russian accounting standards totaled 6.8 billion rubles in the first quarter of the year, Yuri Ponomaryov, the bank`s president and chairman of its board of governors, who is attending the "St. Petersburg Dialogue" conference in Germany, told Interfax on Tuesday.

That figure is larger than the bank`s pre-tax profits for the whole of last year, which was 5.2 billion rubles, he noted.

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