MOSCOW, January 14 (RIA Novosti) - VTB Bank, Russia's second largest in terms of assets, said on Wednesday its net profit under Russian Accounting Standards grew 44.4%, year-on-year, in 2008 to 26.31 billion rubles ($834 million).
In 2007, VTB's net profit grew 6%, year-on-year.
VTB Bank and its subsidiaries comprise the VTB Group, which provides banking services and products in Russia, former Soviet republics, Western Europe, Asia and Africa.
