VTB earns record profit in 2023

VTB Bank's IFRS net profit for 2023 amounted to ₽432.2 billion, a record high in the bank's history. Last year, VTB posted a loss of ₽667.5 billion. Net interest income for 2023 increased by 155.5% to ₽761.4 billion against ₽298 billion a year earlier.