Bli medlem
Bli medlem

Du är här

2021-10-27

VTB Group announces IFRS results for 3Q 2021

JSC VTB Bank (VTBR)
VTB Group announces IFRS results for 3Q 2021

27-Oct-2021 / 08:59 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


VTB Group announces IFRS results for 3Q 2021

VTB Bank ("VTB" or "the Bank"), the parent company of VTB Group ("the Group"), today publishes its Interim Condensed Consolidated Financial Statements for the three months and nine months ended 30 September 2021, along with the independent auditor's report on these statements.

Dmitry Pianov, a member of the Management Board and Chief Financial Officer of VTB Bank, said:

"The impressive growth in key banking revenues that the Group has achieved in the course of this year contributed to our strong financial results while also setting new records for profitability in absolute terms. In 9M 2021, VTB Group earned a net profit of RUB 258 billion, which represents a more than fourfold increase year-on-year and is equal to a return on equity of 18%.

"Our sturdy performance in 9M 2021 leads us to revise and upgrade our net profit guidance for the second time this year. We expect to be able to exceed the target set in our strategy for 2022 already this year and to be able to provide an extremely attractive dividend yield at the end of the year as well."

 

Financial highlights


(RUB billion)

30 September 2021

30 June

2021

31 December 2020

Change over

9M 2021

Change over

3Q 2021

Assets

20,592.4

19,649.3

18,142.2

13.5%

4.8%

Loans and advances to customers, including pledged under repurchase agreements (before loan loss provisions)

14,336.1

13,782.2

13,162.6

8.9%

4.0%

Loans to legal entities

9,865.2

9,506.8

9,305.4

6.0%

3.8%

Loans to individuals

4,470.9

4,275.4

3,857.2

15.9%

4.6%

Customer funding

15,128.3

14,360.2

12,831.0

17.9%

5.3%

Funding from legal entities

<...

Författare EQS Newswire