MOSCOW, August 28 (RIA Novosti) - Russia-based ZAO Raiffeisenbank Austria, a subsidiary of Austrian banking group Raiffeisen International, said Monday its net profit rose 77.1% in the first seven months of 2006 year-on-year, to 2.13 bln rubles ($79 mln).
The bank's pre-tax profit in the reporting period climbed 64.1% to 2.97 bln rubles ($111 mln).
Raiffeisenbank Austria is one of Russia's top 30 banks by assets.
