JSC VTB Bank’s assets increased 5% to RUB 2,674 billion as of January 1st, 2010 compared to RUB 2,551 billion as of January 1st, 2009.
Since the beginning of 2009 corporate customer deposits grew by 39% to RUB 1,002 billion from RUB 719 billion.
VTB Bank posted a net profit of RUB 27.96 billion for the year, up from RUB 26.89 billion in 2008.
The unconsolidated financial statements have been prepared under Russian Accounting Standards only for the parent bank, JSC VTB Bank. These results may be subject to change following the accounting results of subsequent events and the annual audit for 2009.