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VTB Bank publishes unconsolidated RAS financial statements for January 2010

5 February 2010

As of February 1, 2010, JSC VTB Bank’s assets amounted to RUB 2,591 billion compared to RUB 2,673 billion on January 1, 2010. The assets have decreased 3% against the year-start.

VTB Bank corporate loan portfolio amounted to RUB 1,445 billion, up 1% from RUB 1,431 billion as of year end 2009.

Corporate deposits amounted to RUB 981 billion, down from RUB 1,002 billion as of 1 January 2010, mainly due to the maturity of the Ministry of Finance deposits. Corporate deposits adjusted for the Ministry of Finance funds have risen 3% from RUB 952 billion as of January 1, 2010.

The Bank posted a net profit of RUB 6.16 billion for January 2010 driven by а steady core income.

The unconsolidated financial statements were prepared in accordance with the Russian Accounting Standards only for the Parent Bank, JSC VTB Bank.

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