Russia's VTB Bank Returns To Profit, But Only Just Cruz Azul (GSGaS4HnCc)

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"VTB, Russia's second-largest bank": made a net profit in the first quarter of just 600 million roubles (8.1 million euros).

That was much worse than analysts had forecast, but a huge improvement on the loss of 18.3 billion roubles in the same period of 2015.

Like several other large Russian lenders, VTB is under "Western sanctions over Moscow's role in the Ukraine conflict":

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