VTB 9M Net Profit Surges 1.6x to RUB 412.9bn on RAS Basis

VTB reported a 1.6-fold year-on-year increase in net profit for the first nine months of 2026, reaching 412.9 billion rubles under Russian Accounting Standards. The sharp rise reflects improved operating performance, likely aided by higher interest margins and reduced provisioning. This signals continued resilience in Russia's banking sector despite sanctions, though the sustainability of such growth remains uncertain.

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