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Bank Vozrozhdenie OAO lowers FY 2013 net profit forecast-Interfax

Tuesday, 26 Nov 2013 01:04am EST 

Bank Vozrozhdenie OAO:Bank Vozrozhdenie OAO (Vozrozhdenie) has lowered its net profit forecast for the fiscal year 2013 to 1.3 billion rubles due to the need for additional provision charges, the bank's CEO, Alexander Dolgopolov, told at press conference-Interfax.The bank previously forecast net profit in 2013 would be at least level with 2012, when it was 2.3 billion rubles.Dolgopolov said in Aug following the publication of financial results for H1 2013, that Vozrozhdenie was leaving its 2013 net profit forecast unchanged for now. 

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