May 17, 2018 / 11:10 AM / 11 days ago

Russia's VTB forecasts 2018 net profit of at least 150 bln roubles

MOSCOW, May 17 (Reuters) - Russia’s second-largest lender VTB is on track to make at least 150 billion roubles ($2.42 billion) in net profit this year, VTB Senior Vice President Dmitry Pyanov said on Thursday.

VTB earlier said its net profit nearly doubled in the first quarter to 55.5 billion roubles ($898 million), beating market expectations. ($1 = 61.9875 roubles) (Reporting by Andrey Ostroukh Editing by Alexander Smith)

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